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Vliv zvolených faktorů na výsledek elektronických reverzních aukcí
[Impact of Selected Factors on the Results of Electronic Reverse Auctions]

Author

Listed:
  • Vojtěch Klézl
  • Radoslav Delina
  • Lenka Senderáková
  • Michal Tkáč

Abstract

In the study, we focus on examining the impact of selected factors on the results of electronic reverse auctions and thus the savings achieved. The study extends the knowledge of extant literature to empirical insights and uses currently the broadest sample of approximately 16,000 e-auction cases. The study confirms that the savings calculation method and the use of a comparative or initial price affect the outcome of the auction as well as the individual selected factors entering the model (e-auction value, number of changes, number of extensions, number of bidders, number of items).

Suggested Citation

  • Vojtěch Klézl & Radoslav Delina & Lenka Senderáková & Michal Tkáč, 2020. "Vliv zvolených faktorů na výsledek elektronických reverzních aukcí [Impact of Selected Factors on the Results of Electronic Reverse Auctions]," Politická ekonomie, Prague University of Economics and Business, vol. 2020(1), pages 62-85.
    • Handle: RePEc:prg:jnlpol:v:2020:y:2020:i:1:id:1268:p:62-85
    DOI: 10.18267/j.polek.1268
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    References listed on IDEAS

    as
    1. Mabert, Vincent A. & Skeels, Jack A., 2002. "Internet reverse auctions: Valuable tool in experienced hands," Business Horizons, Elsevier, vol. 45(4), pages 70-76.
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    More about this item

    Keywords

    auction; transparency; procurement;
    All these keywords.

    JEL classification:

    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
    • H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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