YU, HAI; DANG, CHUANGYIN; WANG, SHOU-YANG - In: International Journal of Information Technology & … 05 (2006) 03, pp. 557-581
We study two kinds of buy-it-now options, temporary and permanent, under a theoretical model of Stackelberg game. In this two-stage game, the bidders, as the followers, use a two-threshold strategy to determine whether to bid or directly buy the item at the posted price, given an auction...