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Auction Pricing and Market-Space Competition

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  • Giuseppe Cappiello

    ()
    (University of Bologna)

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    Abstract

    The volume of trading carried out through auctions has increased over the last few years as information technology has spread ever further and data transmission connections have improved. An auction is a tool used to determine the exchange ratio, that is the price to be paid for goods, services or rights. The auction system is an alternative to the so-called 'take it or leave it' offer in a normal sales situation in which the seller sets a posted price and buyers decide whether to accept or reject the deal each time.

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    File URL: http://webdepot.gsi.unimib.it/symphonya/RePec/pdf/symjournl26.pdf
    File Function: First version, 2002
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    Bibliographic Info

    Article provided by University of Milano-Bicocca in its journal Symphonya. Emerging Issues in Management.

    Volume (Year): (2002)
    Issue (Month): 1 Market-Space Management ()
    Pages:

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    Handle: RePEc:sym:journl:26:y:2002:i:1

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    Web page: http://www.unimib.it/symphonya

    Related research

    Keywords: Auctions; Online Auctions; Auctions Pricing; Market-Space Competition; Market-Driven Management DOI:http://dx.doi.org/10.4468/2002.1.11cappiello;

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Burke, Raymond R, et al, 1992. " Comparing Dynamic Consumer Choice in Real and Computer-Simulated Environments," Journal of Consumer Research, University of Chicago Press, vol. 19(1), pages 71-82, June.
    2. Mario Gilli, 2001. "I giochi e lo scambio. Elementi per una discussione sull'uso delle aste nella teoria e nella politica economica," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2001(110).
    3. Jean-Jacques Lambin & Silvio M. Brondoni, 2001. "Ouverture de 'Market-Driven Management'," Symphonya. Emerging Issues in Management, University of Milano-Bicocca, issue 2 Market-.
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