An attempt of modeling prices on online auctions Cover Image

Próba modelowania cen końcowych w aukcjach internetowych
An attempt of modeling prices on online auctions

Author(s): Łukasz Zakonnik
Subject(s): Economy, ICT Information and Communications Technologies
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: electronic commerce; online auctions; prices of goods

Summary/Abstract: In this article the author is trying to model the final price on online auctions. This attempt is taken on the basis of a large quantity of completed auction. The data come from one of the biggest Polish online auction portal. In the article the author presents the model that compiles the final price of the good with the set of parameters such as the number of bidders, time of the bids and the amount of bids for a specific moment in time.

  • Issue Year: 122/2016
  • Issue No: 1
  • Page Range: 401-409
  • Page Count: 9
  • Language: Polish