Procuring Commoditites Through E-auctions: Results and Specifics

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F17%3A10238051" target="_blank" >RIV/61989100:27510/17:10238051 - isvavai.cz</a>
Result on the web
<a href="http://idimt.org/wp-content/uploads/proceedings/IDIMT_proceedings_2017.pdf" target="_blank" >http://idimt.org/wp-content/uploads/proceedings/IDIMT_proceedings_2017.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Procuring Commoditites Through E-auctions: Results and Specifics
Original language description
E-auctions are commonly used to purchase large variety of items, including commodities. Most of current e-auction literature presumes e-auction should perform better than diversified products, usually based on their easier specification (e.g. Kaufmann & Carter, 2004) or vast supplier base (e.g. Parente et al, 2010) . We empirically test this assumption using large dataset of real e-auction cases and two methods of calculating e-auction results, concluding that there is no statistically significant difference for savings based on estimated price, while savings based on initial price are actually lower for commodities. We provide discussion on this fact, using the agrument of Beall et al (2003), who state that commodities tend to have lower margins.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
IDIMT-2017: Digitalization in Management, Society and Economy : 25th Interdisciplinary Information Management Talks : Sept. 6-8, 2017, Poděbrady, Czech Republic
ISBN
978-3-99062-119-6
ISSN
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e-ISSN
neuvedeno
Number of pages
8
Pages from-to
245-252
Publisher name
Trauner
Place of publication
Linz
Event location
Poděbrady
Event date
Sep 6, 2017
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000419365600028

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