Differentiated Bidders and Bidding behaviour in Procurement Auctions

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Differentiated Bidders and Bidding behaviour in Procurement Auctions

Jap, Sandy D. - ; Haruvy Ernan - ;

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

Informasi Detail

Judul Seri: -
No. Panggil: JMR5002
Penerbit: : American Marketing Association.,
Deskripsi Fisik: -
Bahasa
ISBN/ISSN: 222437
Klasifikasi: -
Tipe Isi: -
Tipe Media: -
Tipe Pembawa: -
Edisi: -
Subjek: Industrial procurement
Buyer
online reverse auctions
differentiated bidders
bidder quality
determined reverse auctions
Info Detail Spesifik: -
Pernyataan Tanggungjawab: pa

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