Online Auction Markets, Reputation Effects, and Institutional Frameworks – A Literature Review and Conceptual Development

Author(s):  
Christopher Schlägel
2021 ◽  
Author(s):  
Francisco Alvarez ◽  
Alfredo Garcia-Hiernaux ◽  
Marcello Sartarelli

2007 ◽  
Vol 17 (4) ◽  
pp. 311-328 ◽  
Author(s):  
Ram D. Gopal ◽  
Y. Alex Tung ◽  
Andrew B. Whinston

Author(s):  
Roumen Vragov

Currently many auction websites directly or indirectly provide support for the use of automated proxies or agents. Buyers can use proxies to monitor auctions and bid at the appropriate time and with the appropriate bid price, sellers can use proxies to set prices or negotiate deals. Proxy complexity varies, however most proxies first require some input on the part of the human trader and then perform the trading task autonomously. This paper proposes and tests a theoretical model of human behavior that can be used to detect behavioral biases in electronic market environments populated by humans and software agents. The paper also quantifies the effect of these biases on individual and business profits.


Author(s):  
Berta José Costa ◽  
Susana Rodrigues ◽  
Pilar Moreno

In the last decades, the concern over natural resources, sustainability, and the current linear economic model based on continuous growth is one of the great challenges of our time. The assumption that there is an unlimited supply of natural resources and that the environment has an unlimited capacity to absorb waste and pollution is no longer a current trend, and growing attention has been paid to it worldwide. This chapter represents a contribution to the continuous conceptual development of circular economy and sustainability, and it also reviews how these two concepts have evolved over the past decades. An extensive literature review was conducted, employing bibliometric analysis to scrutinise the state of the art, the perspectives, the agreements and disagreements among these concepts and their correlation.


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