Game Modeling of the Auctions in Internet

Maria Garvalova

Economic Thought journal, 2001, issue 5, 119-125

Abstract: Presented are the results of the analyses of one of the most successful forms of the e-trade gaining more and more popularity – trade in internet, as well as of a formalized description of the most distributed and most often used for empirical studies models. The gained research experience shows that the methods, based on game approaches, are effective for a forming of the strategy when participating in internet auctions, but the researchers face the lack of clear methodical rules, forming the criterion of effectiveness of the participants.

JEL-codes: L86 (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econth:y:2001:i:5:p:119-125

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