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Differentiated Bidders and Bidding behaviour in Procurement Auctions
Jap, Sandy D. - , Haruvy Ernan - ,
American Marketing Association ()
JMR5002
Artikel Jurnal
PSB lt.dasar - Pascasarja...

Text

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 NumberLocationAvailable
JMR5002PSB lt.dasar - Pascasarjana1
Penerbit: American Marketing Association
Edisi-
SubjekIndustrial procurement
Buyer
online reverse auctions
differentiated bidders
bidder quality
determined reverse auctions
ISBN/ISSN222437
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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