Visual Analysis of User Behaviour in Pay-Per-Bid Auctions

dc.contributor.authorWalker, Ricken_US
dc.contributor.authorCenydd, Llyr apen_US
dc.contributor.authorPop, Serbanen_US
dc.contributor.authorRoberts, Jonathan C.en_US
dc.contributor.editorSilvia Miksch and Giuseppe Santuccien_US
dc.date.accessioned2014-01-27T15:55:55Z
dc.date.available2014-01-27T15:55:55Z
dc.date.issued2011en_US
dc.description.abstractIn pay-per-bid auctions, placing a bid costs a fee, and only raises the price of the item by a small increment. At the conclusion of the auction, the last bidder wins, and the price paid by the winning bidder is subsidised by the bidding fees paid by unsuccessful bidders. In this short paper, the first publicly available analytics of data from a pay-per-bid website are presented. We present a visual analysis approach using a specific tool developed for the purpose. This dataset represents a difficult challenge because it is huge, it is difficult to evaluate in practice even using auction theory since there exists no mathematically optimal strategy for successful bidding, and non-trivial patterns are sought.en_US
dc.description.seriesinformationEuroVA 2011: International Workshop on Visual Analyticsen_US
dc.identifier.isbn978-3-905673-82-1en_US
dc.identifier.urihttps://doi.org/10.2312/PE/EuroVAST/EuroVA11/025-028en_US
dc.publisherThe Eurographics Associationen_US
dc.subjectCategories and Subject Descriptors (according to ACM CCS): H.5.0 [Information Interfaces and Presentation ]en_US
dc.titleVisual Analysis of User Behaviour in Pay-Per-Bid Auctionsen_US
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