Dass, Mayukh; Jank, Wolfgang; Shmueli, Galit - In: International Journal of Forecasting 27 (2011) 4, pp. 1259-1270
This paper presents a novel intelligent bidding system, called SOABER (Simultaneous Online Auction BiddER), which monitors simultaneous online auctions of high-value fine art items. It supports decision-making by maximizing bidders' surpluses and their chances of winning an auction. One key...