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Differentiated Bidders and Bidding behaviour in Procurement Auctions
Why do bidders in buyer-determined procurement auctions often bid above the lowest obeserved bid over the course of the auction? are such bidding patterns meaningful? In this research, the authors propose that becuse bidders are differentiated in their value to the buyer and competition in these auctions is anonymous, bidders infer their potential quality advantage or disadvantage through their observation of competitive bids and incorporate this information into their responses and price bids.Printed Journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| JMR5002 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | : American Marketing Association |
|---|---|
| Edisi | - |
| Subjek | Industrial procurement Buyer online reverse auctions differentiated bidders bidder quality determined reverse auctions |
| ISBN/ISSN | 222437 |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |