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Forecasting prices in online auctions is important for both buyers and sellers. With good forecasts, bidders can make informed bidding decisions and sellers can select the right time and place to list their products. While information from other auctions can help forecast an ongoing auction, it...
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The path that the price takes during an on-line auction plays an important role in understanding and forecasting on-line auctions. Price dynamics, such as the price velocity or its acceleration, capture the speed at which auction information changes. The ability to estimate price dynamics...
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Applying statistical tools to help understand business processes and make informed business decisions has attracted enormous amount of research interests in recent years. In this dissertation, we develop and apply data mining techniques to two sources of data, online bidding data for eBay and...
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The flexibility of time and location as well as the availability of an abundance of both old and new products makes online auctions an important part of people's daily shopping experience. While many bidders rely on variants of the well-documented early or last-minutes bidding strategies,...
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