Optimal Bidding in Online Auctions

Online auctions are arguably one of the most important and distinctly new applications of the internet. The predominant player in online auctions, eBay, has over 18.9 milllion users, and it was the host of over $5 billion worth of goods sold in the year 2000. Using methods from approximate dynamic...

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Bibliographic Details
Main Authors: Bertsimas, Dimitris J., Hawkins, Jeff, Perakis, Georgia
Format: Article
Language:en_US
Published: 2003
Subjects:
Online Access:http://hdl.handle.net/1721.1/4006