Próba modelowania cen końcowych w aukcjach internetowych

Abstract

In this article the author is trying to model the final price on online auctions. This attempt is taken on the basis of a large quantity of completed auction. The data come from one of the biggest Polish online auction portal. In the article the author presents the model that compiles the final price of the good with the set of parameters such as the number of bidders, time of the bids and the amount of bids for a specific moment in time.

Keywords

• electronic commerce
• online auctions
• prices of goods