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Article
Auction Advisor: An Agent-Based Online Auction Decision Support System
Decision Support Systems
  • Dawn G. Gregg, University of Colorado Denver
  • Steven Walczak, University of South Florida
Document Type
Article
Publication Date
1-1-2006
Keywords
  • Decision support,
  • Online auction,
  • Information retrieval,
  • Autonomous agent,
  • Data analysis
Digital Object Identifier (DOI)
https://doi.org/10.1016/j.dss.2004.07.007
Abstract

Online auctions are proving themselves as a viable alternative in the C2C and B2C marketplace. Several thousand new items are placed for auction every day and determining which items to bid on or when and where to sell an item are difficult questions to answer for online-auction participants. This paper presents a multiagent Auction Advisor system designed to collect data related to online auctions and use the data to help improve the decision making of auction participants. A simulation of applied Auction Advisor recommendations and a small research study that used subjects making real purchases at online auctions both indicate that online-auction buyers and sellers achieve tangible benefit from the current information acquired by and recommendations made by the Auction Advisor agents.

Citation / Publisher Attribution

Decision Support Systems, v. 41, issue 2, p. 449-471

Citation Information
Dawn G. Gregg and Steven Walczak. "Auction Advisor: An Agent-Based Online Auction Decision Support System" Decision Support Systems Vol. 41 Iss. 2 (2006) p. 449 - 471
Available at: http://works.bepress.com/steven-walczak/23/