IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-137-47542-8_3.html
   My bibliography  Save this book chapter

Auctions

In: Game Theory Bargaining and Auction Strategies

Author

Listed:
  • Gregor Berz

Abstract

No doubt you are familiar with eBay. But are you also aware of quotatis. de or my-hammer.de? Individuals or even companies can announce their need for services there. Exactly as in eBay, those interested bid in an auction. However, this is a purchasing auction, that is, the winner of the auction provides a service and receives the offered price. The auctioneer1 buys this service and pays the price determined by the auction. While the auctioneer wants to get the highest price possible in a sale auction, for example, at eBay, it is exactly the opposite in a purchasing auction. The auctioneer wants to pay the lowest price possible.

Suggested Citation

  • Gregor Berz, 2015. "Auctions," Palgrave Macmillan Books, in: Game Theory Bargaining and Auction Strategies, edition 0, chapter 2, pages 26-42, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-47542-8_3
    DOI: 10.1057/9781137475428_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:pal:palchp:978-1-137-47542-8_3. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    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.