IDEAS home Printed from https://ideas.repec.org/a/wsi/acsxxx/v17y2014i01ns0219525914500027.html
   My bibliography  Save this article

Dynamics Of User Networks In On-Line Electronic Auctions

Author

Listed:
  • FRANTIŠEK SLANINA

    (Institute of Physics, Academy of Sciences of the Czech Republic, Na Slovance 2, CZ-18221 Praha, Czech Republic)

Abstract

The network of users in the Internet auction site Aukro.cz is analyzed. We show that the fluctuations in the activity of users has non-Gaussian distribution with long-time correlations. The bipartite network of auctions and users has degree distribution following a stretched exponential. The networks observed within a short time windows are highly fragmented and their structure exhibits long memory, which is observed in the power-law decay of correlations, with a small exponent around 0.2.

Suggested Citation

  • František Slanina, 2014. "Dynamics Of User Networks In On-Line Electronic Auctions," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 17(01), pages 1-14.
    • Handle: RePEc:wsi:acsxxx:v:17:y:2014:i:01:n:s0219525914500027
    DOI: 10.1142/S0219525914500027
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0219525914500027
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0219525914500027?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Li, W. & Cai, X., 2007. "Empirical analysis of a scale-free railway network in China," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 382(2), pages 693-703.
    2. ., 2010. "Open Innovation and the Networked Firm," Chapters, in: Innovation and Commercialisation in the Biopharmaceutical Industry, chapter 3, Edward Elgar Publishing.
    3. Bouchaud,Jean-Philippe & Potters,Marc, 2003. "Theory of Financial Risk and Derivative Pricing," Cambridge Books, Cambridge University Press, number 9780521819169.
    4. Caldarelli, Guido, 2007. "Scale-Free Networks: Complex Webs in Nature and Technology," OUP Catalogue, Oxford University Press, number 9780199211517.
    5. Achim I. Czerny & Peter-J. Jost & Benny Mantin, 2010. "Pricing in Overlapping Transport Networks," WHU Working Paper Series - Economics Group 10-05, WHU - Otto Beisheim School of Management.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yao, Jialing & Sun, Bingbin & Xi, lifeng, 2019. "Fractality of evolving self-similar networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 515(C), pages 211-216.
    2. Rong, Rong & Houser, Daniel, 2015. "Growing stars: A laboratory analysis of network formation," Journal of Economic Behavior & Organization, Elsevier, vol. 117(C), pages 380-394.
    3. Cui, Yaozu & Wang, Xingyuan & Eustace, Justine, 2014. "Detecting community structure via the maximal sub-graphs and belonging degrees in complex networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 416(C), pages 198-207.
    4. Marco Alberto Javarone & Daniele Marinazzo, 2018. "Dilution of Ferromagnets via a Random Graph-Based Strategy," Complexity, Hindawi, vol. 2018, pages 1-11, April.
    5. Pilwon Kim, 2017. "Evolution of Cooperation through Power Law Distributed Conflicts," Complexity, Hindawi, vol. 2017, pages 1-7, January.
    6. A. Q. Barbi & G. A. Prataviera, 2017. "Nonlinear dependencies on Brazilian equity network from mutual information minimum spanning trees," Papers 1711.06185, arXiv.org, revised May 2019.
    7. Chen, Xing & Zhao, Ru-lan & Zhang, Zi-ke & Zhao, Jing, 2016. "Network-based study on the relationship between arms exports and foreign policies," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 444(C), pages 194-204.
    8. Pietro Gravino & Vito D. P. Servedio & Alain Barrat & Vittorio Loreto, 2012. "Complex Structures And Semantics In Free Word Association," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 15(03n04), pages 1-22.
    9. Fabrizio Pomponio & Frédéric Abergel, 2013. "Multiple-limit trades : empirical facts and application to lead-lag measures," Post-Print hal-00745317, HAL.
    10. Diego Garlaschelli & Maria I. Loffredo, 2007. "Effects of network topology on wealth distributions," Papers 0711.4710, arXiv.org, revised Jan 2008.
    11. Lubashevsky, Ihor & Friedrich, Rudolf & Heuer, Andreas & Ushakov, Andrey, 2009. "Generalized superstatistics of nonequilibrium Markovian systems," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 388(21), pages 4535-4550.
    12. Assaf Almog & Ferry Besamusca & Mel MacMahon & Diego Garlaschelli, 2015. "Mesoscopic Community Structure of Financial Markets Revealed by Price and Sign Fluctuations," PLOS ONE, Public Library of Science, vol. 10(7), pages 1-16, July.
    13. Sebastiano Michele Zema & Giorgio Fagiolo & Tiziano Squartini & Diego Garlaschelli, 2021. "Mesoscopic Structure of the Stock Market and Portfolio Optimization," Papers 2112.06544, arXiv.org.
    14. Ya-Chun Gao & Zong-Wen Wei & Bing-Hong Wang, 2013. "Dynamic Evolution Of Financial Network And Its Relation To Economic Crises," International Journal of Modern Physics C (IJMPC), World Scientific Publishing Co. Pte. Ltd., vol. 24(02), pages 1-10.
    15. Guido Caldarelli & Matthieu Cristelli & Andrea Gabrielli & Luciano Pietronero & Antonio Scala & Andrea Tacchella, 2012. "A Network Analysis of Countries’ Export Flows: Firm Grounds for the Building Blocks of the Economy," PLOS ONE, Public Library of Science, vol. 7(10), pages 1-11, October.
    16. S. Reimann, 2007. "Price dynamics from a simple multiplicative random process model," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 56(4), pages 381-394, April.
    17. Dror Y. Kenett & Xuqing Huang & Irena Vodenska & Shlomo Havlin & H. Eugene Stanley, 2015. "Partial correlation analysis: applications for financial markets," Quantitative Finance, Taylor & Francis Journals, vol. 15(4), pages 569-578, April.
    18. W.-S. Jung & F. Z. Wang & S. Havlin & T. Kaizoji & H.-T. Moon & H. E. Stanley, 2008. "Volatility return intervals analysis of the Japanese market," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 62(1), pages 113-119, March.
    19. Soh, Harold & Lim, Sonja & Zhang, Tianyou & Fu, Xiuju & Lee, Gary Kee Khoon & Hung, Terence Gih Guang & Di, Pan & Prakasam, Silvester & Wong, Limsoon, 2010. "Weighted complex network analysis of travel routes on the Singapore public transportation system," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 389(24), pages 5852-5863.
    20. Nicolas Langrené & Geoffrey Lee & Zili Zhu, 2016. "Switching To Nonaffine Stochastic Volatility: A Closed-Form Expansion For The Inverse Gamma Model," International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd., vol. 19(05), pages 1-37, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:acsxxx:v:17:y:2014:i:01:n:s0219525914500027. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/acs/acs.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.