Academic literature on the topic 'Auction-companies'
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Journal articles on the topic "Auction-companies"
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Turipanam Alamanda, Dini, Puspa Ovinia Saraswati, Fajar Sidiq Adi Prabowo, and Muhammad Azhari. "Study of Open and Sealed Auctions in Astra Credit Companies Using Batna and Zopa." International Journal of Engineering & Technology 7, no. 3.21 (August 8, 2018): 217. http://dx.doi.org/10.14419/ijet.v7i3.21.17163.
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Decision made by the finance companies in solving the bad credit problems is through the withdrawal of vehicles that have been financed, then sell them through the auction system. Truck withdrawal unit is the one with the highest auction frequency. The higher the auction frequency, the lower the vehicle’s minimum price will become or the price will drop. The purposes of this study are to determine the best alternative to be carried out by Astra Credit Companies when analyzed using BATNA in open ascending and sealed highest bid auctions, and to know the price range and condition class of the auction unit that allows for an agreement to take place when analyzed using ZOPA. Based on the type, this is a descriptive qualitative research involving longitudinal observations. The data was collected through interviews with the representatives of Astra Credit Companies and the bidders, observations of the auction processes, and analyses of the auction result’s documentations study. The results reveal that open auction generates higher sales than the sealed one, but the biggest margin between the minimum price and the selling price takes place in the sealed auction. The amount of the minimum price depends on the condition class and the frequency of the auction events of each unit. The suggestion that can be implemented based on the research results for the companies is that they should provide information on an ongoing basis for the prospective bidders or partnering dealers to increase their participations. The maximum payment is results from the sales of ISUZU NKR71HD WOODEN TRUCK (sealed auction) and NKR71 HDDUMPTRK (open auction).
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Lavendelis, Egons, and Janis Grundspenkis. "Multi-Agent Based Cargo Auction." Applied Computer Systems 17, no. 1 (May 1, 2015): 40–45. http://dx.doi.org/10.1515/acss-2015-0006.
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Abstract The paper presents a mechanism and an implemented tool for multi-agent based cargo auctions. The auction automates negotiations between a particular client and multiple logistics companies. The user can define his priorities in terms of six different criteria and find the most appropriate offer as a result of an auction. The developed marketplace is part of the eINTERASIA e-logistics portal and, thus, available online for both the client and the logistics companies.
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Man Chan, Mandel Wai, Dickson K. W. Chiu, and Ada Chi Wai Chung. "Developing Forward and Reverse e-Auction with Alert Support in a Web Service Environment." International Journal of Systems and Service-Oriented Engineering 5, no. 2 (April 2015): 73–94. http://dx.doi.org/10.4018/ijssoe.2015040105.
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Auction is a common competitive business-to-business (B2B) procurement procedure for supplying products and services, which are solicited, received, and evaluated. Currently, most auction portals support only forward auctions with interactive Web portals, while large companies usually construct their own reverse auction Websites. To provide a unified and more comprehensive solution, the authors develop an E-Auction System (EAS) to provide both forward and reverse auction support in a Web services environment. Buyer and sellers can post their requests via automated Web services for better Enterprise Information System (EIS) integration. Alternatively, they can manually browse the portal with a browser to post requests or submit their bid prices. Their EAS also provides an auction-matching function that automatically matches forward and reverse auction records to help completing business processes effectively. Further, their EAS's CRM system can capture and analyze user bidding behavior and posting to provide personalized Webpages. Besides, alert services provide notification of auction and bid statuses to customers for efficiency.
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Lin, Chia-Chen, Ya-Fen Chang, Chin-Chen Chang, and Yao-Zhu Zheng. "A Fair and Secure Reverse Auction for Government Procurement." Sustainability 12, no. 20 (October 16, 2020): 8567. http://dx.doi.org/10.3390/su12208567.
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With the development of e-commerce, the electronic auction is attracting the attention of many people. Many Internet companies, such as eBay and Yahoo!, have launched online auction systems. Many researchers have studied the security problems of electronic auction systems, but few of them are multi-attribute-based. In 2014, Shi proposed a provable secure, sealed-bid, and multi-attribute auction protocol based on the semi-honest model. We evaluated this protocol and found that it has some design weaknesses and is vulnerable to the illegal operations of buyers, which results in unfairness. In this paper, we improved this protocol by replacing the Paillier’s cryptosystem with the elliptic curve discrete (ECC), and we designed a novel, online, and multi-attribute reverse-auction system using the semi-honest model. In our system, sellers’ identities are not revealed to the buyers, and the buyers cannot conduct illegal operations that may compromise the fairness of the auction.
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Cardebat, Jean-Marie, Benoît Faye, Eric Le Fur, and Karl Storchmann. "The Law of One Price? Price Dispersion on the Auction Market for Fine Wine." Journal of Wine Economics 12, no. 3 (August 2017): 302–31. http://dx.doi.org/10.1017/jwe.2017.32.
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AbstractThis paper examines the strong version of the law of one price (LOOP) on the auction market for fine wine. We draw on worldwide auction prices from eight auction houses,1 covering the time period from 2000 to 2012. Employing a hedonic approach, we find significant price premiums in particular in Hong Kong and between auction companies (independent of their locations). The price premiums by far exceed the expected transaction costs, casting doubt on the existence of the strong version of LOOP in the fine wine market. Our results suggest that heterogeneity in buyer preferences may crucially contribute to the observed price dispersion. In particular, although wines suspected of being counterfeits are sold at discounts in Western markets, they fetch price premiums in Hong Kong. (JEL Classifications: Q14, G11)
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Klemperer, Paul. "What Really Matters in Auction Design." Journal of Economic Perspectives 16, no. 1 (February 1, 2002): 169–89. http://dx.doi.org/10.1257/0895330027166.
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The most important issues in auction design are the traditional concerns of competition policy-preventing collusive, predatory, and entry-deterring behavior. Ascending and uniform-price auctions are particularly vulnerable to these problems. The Anglo-Dutch auctiona hybrid of the sealed-bid and ascending auctions-may perform better. Effective antitrust is also critical. Notable fiascoes in auctioning mobile-phone licenses, television franchises, companies, eletricty, etc., and especially the European “third-generation” (UMTS) spectrum auctions, show that everything depends on the details of the context. Auction design is not “one size fits all.”
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Takahashi, Satoshi, Tokuro Matsuo, and Roger Y. Lee. "An Approach to Co-Dependent Value Based Internet Advertisement Auction." International Journal of Software Innovation 1, no. 2 (April 2013): 1–15. http://dx.doi.org/10.4018/ijsi.2013040101.
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A structure of the Internet advertisement is that the service providers decide order of placement of many advertisements and advertising fees by auctions when advertisers offer their promotions. It is known that Generalized Second Price Auction (GSP) mechanism is the most efficient auction mechanism of the advertisement auction. Searching engine companies employ GSP mechanism basically. There are a lot of researches on GSP in order to analyze and clarify its feature and advantages. However, these researches assume that traded advertisements are mutually independent. That is means that each advertisement does not influence other advertisements. Also these researches do not consider a value of advertisement, which means some criterions of a name value of a company, effectiveness and an importance, that is dependently each other. This paper proposes a new advertisement auction mechanism based on GSP with considering the value of advertisement. The authors analyze the auctioneer's profit in comparison between normal GSP, normal VCG (Vickrey-Clarke-Groves Mechanism) and their proposed mechanism.
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Zhong, Hong, Song Li, Ting-Fang Cheng, and Chin-Chen Chang. "An Efficient Electronic English Auction System with a Secure On-Shelf Mechanism and Privacy Preserving." Journal of Electrical and Computer Engineering 2016 (2016): 1–14. http://dx.doi.org/10.1155/2016/6567146.
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With the rapid development of the Internet, electronic commerce has become more and more popular. As an important element of e-commerce, many Internet companies such as Yahoo! and eBay have launched electronic auction systems. However, like most electronic commerce products, safety is an important issue that should be addressed. Many researchers have proposed secure electronic auction mechanisms, but we found that some of them do not exhibit the property of unlinkability, which leads to the leakage of users’ privacy. Considering the importance of privacy preservation, we have designed a new auction mechanism. Through symmetrical key establishment in the registration phase, all messages transmitted over the Internet would be protected and, meanwhile, achieve the property of unlinkability. The security analysis and performance analysis show that our protocol fulfills more security properties and is more efficient for implementation compared with recent works.
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Musmanno, R., N. Scordino, C. Triki, and A. Violi. "A multistage formulation for generation companies in a multi-auction electricity market." IMA Journal of Management Mathematics 21, no. 2 (June 17, 2009): 165–81. http://dx.doi.org/10.1093/imaman/dpp008.
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Liang, Jin, and Wenlin Huang. "Optimal Control Strategy of Companies: Inheriting Period and Carbon Emission Reduction." Mathematical Problems in Engineering 2020 (November 4, 2020): 1–11. http://dx.doi.org/10.1155/2020/3461747.
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In this paper, we develop an optimal control model of companies for the inheriting period, during which interphase banking and borrowing of allowances are allowable. By considering the emission reduction policy and the initial auction amount, we optimize the problem in two steps. The model is then converted into a two-dimensional Hamilton–Jacobi–Bellman equation. The numerical results, analysis, and comparisons are presented. Finally, we highlight several policy implications from the perspectives of companies and governments.
Dissertations / Theses on the topic "Auction-companies"
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Zajíc, Vladimír. "Vliv reklamy v dražební společnosti." Master's thesis, Vysoké učení technické v Brně. Ústav soudního inženýrství, 2010. http://www.nusl.cz/ntk/nusl-232485.
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In the framework of public auctions the auction-companies work, which on the one hand face the problem of realizing the public auction from the point of view of marketing, on the other hand, at the same time, they try to be visible in the relationship the auctioneer and the auction proposer. It is a closed cycle whose task is to strengthen the marketing potential and, at the same time to increase the financial profit of the firm. The aim of this diplom thesis is focused on the advertising acivities of a smalll auction company, which at present is not very effective. This auction company has been lately rather successful and has proved its vitality, on the contrary, its profits in the form af the auctioneer´s rewards have started to stagnate. One of the reasons may be its lack of financial means which might have been released for the purpose of advertising. That is why, the aim of this diploma thesis is to avaluate the present advertising activities of an auction company. The positive and negative working of a concrete auctioneer in the public auctions market is going to be specified by help of single cases. The aim is also the identifying of the elementary mistakes giving evidences of bad advertising activities of the company. In the conclusion some recommendations concerning advertising activities are defined; their task is to enable small auction companies to make themselves more visible in the public auctions market.
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CHEN, WEN-QUAN, and 陳文權. "Research on the Auction Process of Art Auctions:Comparison of International and Taiwan Auction Companies." Thesis, 2019. http://ndltd.ncl.edu.tw/handle/6t77zn.
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碩士大葉大學
管理學院碩士在職專班
107
ABSTRACT On the market for auctions , There is a unreplaceable form. By this activity, it is possible to obtain a reasonable allocation of the price and resources of the commodity, especially, in terms of the function of the price, which cannot be replaced by any market form. In particular, for commodity items that are not easily priced, such as art, antique artifacts, housing land and other intangible assets, they can only achieve their value through an open auction process. In this study, we will explore the international art auction management process through SWOT analysis and five-force analysis strategy tools, compare the differences in the management process, and provide suggestions for improvement of domestic art auctions. We also hope that through this research , We can contribute to readers who want to understand auction management, and have further understanding of proper nouns and internal management in the auction market. What is important is that they can also guard their rights and interests. In the process of actual operation and participation. Under the stand, we also respect the profession. This study proposes the following four management implications through interviews and data analysis: First：Auction management branding Second：protect consumer rights (Integrity) Third：retain customers by after-sales service Fourth：participate in international exhibitions to increase exposure
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Teng, Chual Hsin, and 鄧傳馨. "Operational Strategies of International Auction Companies in Taiwan." Thesis, 2012. http://ndltd.ncl.edu.tw/handle/325g3v.
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碩士國立政治大學
經營管理碩士學程(EMBA)
100
The main areas of Chinese art market are Taiwan, Hong Kong and Mainland China; however, the developing background, time and model in each area are quite different. Among the three, Taiwan is the earliest and the most developed market for Chinese oil paintings because of its full preservation of Chinese culture and humanities. Taiwan almost dominates the market trend of “20th Century Chinese Art”. In 1980s, the economy in Taiwan was booming and commercial activities were very active which lead to thriving art market. Sotheby’s foresaw the opportunity to carry out auction business in Taiwan. Therefore, the company established Taiwan branch office in 1981 and upgraded the branch to auction center in 1992, holding the first auction in Taiwan on March 22nd in the same year. Its competitor, Christie’s, established Taiwan branch in 1991. Unlike Sotheby’s, Christie’s formed a joint venture to enter Taiwan. It established “Christie’s Swire” Taiwan in 1991 and started its first auction in October 10th, 1993. The two global auction companies coming to Taiwan to hold auctions drove Taiwan’s art auction industry to be geared to international standards. Furthermore, Sotheby’s and Christie’s coming has transformed Taiwan to become the most mature art market of 20th Century Chinese Art. The purpose of this thesis is to compare the operational strategies of Sotheby’s and Christie’s in Taiwan in the 90s. By analyzing their strategies and resource bases, we can understand how heterogeneous resources affect their competitiveness, sustainable competitive advantages, and pursuing of growth opportunities. Because most Taiwanese local auction houses are small and have less competitive advantage, facing the strong growth of Asian art market and potential competition of foreign auction houses, I hope that my research findings can help their strategic thinking and strategy formation to capture the business opportunities in 20th Century Chinese Art. This research finds that the core strategy to make Sotheby’s and Christie’s successful in Taiwan art market is “adaption”, which is a poly-centric adaption in which the companies are pretty familiar with local conditions and culture of the host country. As for the impact these two companies have on Taiwan art auction industry, this research finds that Sotheby’s and Christie’s coming not only help Taiwan settle the norms of auction and make Taiwan to be geared to international standards, but also drive galleries, art fairs and other related art industries upgrading. The successful auctions in Taiwan have also stimulated the development of other industries, such as hotels, restaurants, conventions, exhibitions, and luxury industry. ※ Keywords: Resource-based view, Sotheby’s, Christie’s, 20th Century Chinese Art.
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Wang, Sung-yu, and 王菘瑜. "Partial Auction, Book-building and Stock Price Behavior: An Empirical Analysis of TAIEX-listed Companies." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/17368761760010481268.
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碩士朝陽科技大學
財務金融系碩士班
98
The present study posits that the book-building as opposed to the partial auction leads the underwriting price further away from the intrinsic value of the IPOs. It is expected that the stock price behavior of the IPOs in the aftermarket will be affected accordingly. The primary empirical findings can be summarized as follows: First, as expected, the magnitude of the average short-term excess returns is increased. Second, as expected, the percentage of the IPOs with a transaction price at the end of a certain period of listing falling below the listing price is reduced. Third, as expected, under book-building in company with the removal of price limits for the first five transaction days in the aftermarket, the speediness of price adjustment will quicken. The present study therefore concludes that the adoption of the book-building share allocation mechanism indeed changes the stock price behavior in the aftermarket for Taiwan’s IPOs.
Books on the topic "Auction-companies"
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Canada. Bill: An act to impose a duty on auctioneers, and on goods sold by auction, and to provide for the collection thereof. [S.l: s.n., 2000.
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Sale of private and public companies by auction. Boston, MA: Kluwer Law International, 1996.
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The Auction App: How Companies Tap the Power of Online Auctions to Maximize Revenue Growth. McGraw-Hill, 2002.
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Bill: An act to impose a duty on auctioneers, and on goods sold by auction, and to rovide for the collection thereof. [S.l: s.n., 1992.
Find full textBook chapters on the topic "Auction-companies"
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Rafay, Abdul, and Arsala Khan. "Synergy for Sustainability in the Upcoming Telecommunications Revolution." In Technology Management in Organizational and Societal Contexts, 51–76. IGI Global, 2018. http://dx.doi.org/10.4018/978-1-5225-5279-6.ch003.
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This chapter examines the merger of two cellular companies (MOBILINK and WARID) for sustainability in the telecommunication sector of Pakistan. During 2011-2013, WARID faced the news of the possible sales of the company due to falling revenues, constant poor network quality, and lower network coverage in rural areas. In 2014, all telecom players participated in the auction for 3G/4G licenses, but WARID did not participate due to its technology neutral license (TNL). Important decisions were taken in 2014 like launching of 4G/LTE services in major cities, US$500 million investment, increase of tower sites, opening of new regional sales offices. These decisions along with presence of TNL made WARID an attractive target for merger with MOBILINK. In 2016, the formal merger was finalized for benefits like synergies in CAPEX/OPEX, fastest 4G network, network reach to rural areas, roll-out of new services like the internet of things (IoT) and mobile banking. The merger proved successful. During the first quarter of 2017, the company generated PKR 38.7 billion in revenues, up from the same period a year before.
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Karoui, Kamel, and Fakher Ben Ftima. "Effectiveness of Web Services." In Electronic Services, 1754–62. IGI Global, 2010. http://dx.doi.org/10.4018/978-1-61520-967-5.ch106.
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With the development of the Internet, the number of people buying, selling, and performing transactions is expected to increase at a phenomenal rate. The emergence of e-commerce applications has resulted in new net-centric business models. This has created a need for new ways of structuring applications to provide cost-effective and scalable models. Mobile Agents (MA) systems are seen as a promising paradigm for the design and implementation of distributed applications, including e-commerce. MA are also useful in applications requiring distributed information retrieval because they move the location of execution closer to the data to be processed. While MA have generated considerable excitement among the research community, they have not been applied into a significant number of real applications. Web services (WS) are emerging as a dominant paradigm for constructing distributed business applications and enabling enterprise-wide interoperability. A critical factor to the overall utility of WS is a scalable, flexible and robust discovery mechanism; an application can be built by integrating multiple services together to make a more efficient service. WS represent a major development in the e-commerce sector. They enable companies to capitalize on their existing architecture by making their application services accessible via the Internet. The application of MA and WS technologies to e-commerce will provide a new way to conduct business-to-business (B2B), business-to-consumer (B2C), and consumer-to-consumer transactions (C2C) and facilitate the communication between heterogeneous environments. In this article, we first focus on these two technologies of actuality and show their integration in an e-commerce system. Second, we present different kinds of interaction between MA and WS and study their effect on application performance. We also study an example that illustrates an e-commerce system including three categories of transactions: -Shopping transactions: a customer delegates one MA for research and purchase of articles online. The MA will interact with available WS to find the article and its best price. -Salesman transactions: to valorize their products, WS will invoke MA to make publicity for the customers. -Auction transactions: for this type of transaction, a MA (respectively a WS) can sell and buy a product from/to others MA (WS) by auction. Finally, we conclude with a discussion on our inferences and their implications. This work is structured as follows: Section “background” reviews the notions of e-commerce system, WS and MA paradigms. Section “Web services and mobile agents’ technologies on e-commerce system” presents the integration of these two paradigms on the e-commerce system. In section “performance evaluation,” we evaluate the performances of our approach and we study an illustrated example in the section “a case study.” The section “future trends” presents our future perspectives and we end this work with the “conclusion” in the last section.
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Goldsmith, Jack, and Tim Wu. "Introduction: Yahoo!" In Who Controls the Internet? Oxford University Press, 2006. http://dx.doi.org/10.1093/oso/9780195152661.003.0004.
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Marc Knobel is a French Jew who has devoted his life to fighting neo-Nazism, a fight that has taken him repeatedly to the Internet and American websites. In February 2000, Knobel was sitting in Paris, searching the Web for Nazi memorabilia. He went to the auction site of yahoo.com, where to his horror he saw page after page of swastika arm bands, SS daggers, concentration camp photos, and even replicas of the Zyklon B gas canisters. He had found a vast collection of Nazi mementos, for sale and easily available in France but hosted on a computer in the United States by the Internet giant Yahoo. Two years earlier, Knobel had discovered Nazi hate sites on America Online and threatened a public relations war. AOL closed the sites, and Knobel assumed that a similar threat against Yahoo would have a similar effect. He was wrong. AOL, it turned out, was atypical. Located in the Washington, D.C. suburbs, AOL had always been sensitive to public relations, politics, and the realities of government power. It was more careful than most Internet companies about keeping offensive information off its sites. Yahoo, in contrast, was a product of Silicon Valley’s 1990s bubble culture. From its origins as the hobby of Stanford graduate students Jerry Yang and David Filo, Yahoo by 2000 had grown to be the mighty “Lord of the Portals.” At the time, Yahoo was the Internet entrance point for more users than any other website, with a stock price, as 2000 began, of $475 per share. Yang, Yahoo’s billionaire leader, was confident and brash—he “liked the general definition of a yahoo: ‘rude, unsophisticated, uncouth.’” Obsessed with expanding market share, he thought government dumb, and speech restrictions dumber still. Confronted by an obscure activist complaining about hate speech and invoking French law, Yang’s company shrugged its high-tech shoulders. Mark Knobel was not impressed. On April 11, 2000, he sued Yahoo in a French court on behalf of the International League against Racism and Anti-Semitism and others. Yahoo’s auctions, he charged, violated a French law banning trafficking in Nazi goods in France.
Conference papers on the topic "Auction-companies"
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Kokuryo, Daisuke, Yoshiaki Harada, Toshiya Kaihara, and Nobutada Fujii. "A Proposal of Resource Allocation Method Based on Combinatorial Double Auction Technique in Crowdsourced Manufacturing." In 2020 International Symposium on Flexible Automation. American Society of Mechanical Engineers, 2020. http://dx.doi.org/10.1115/isfa2020-9638.
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Abstract With the development of the IoT (Internet of Things), smart manufacturing system with cloud service and computing techniques has gained worldwide attention. Crowdsourced manufacturing system is a production styles that connects among different companies and factories to share the production resources. In this system, it is important to distribute resources appropriately to increase the productivity. In this proceeding, a resource allocation method based on combinatorial double auction technique is proposed. In the computational experiment, a characteristic of the proposed resource allocation method is evaluated.
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Street, Alexandre, Luiz Augusto Barroso, Sergio Granville, and Mario Veiga Pereira. "Bidding strategy under uncertainty for risk-averse generator companies in a long-term forward contract auction." In Energy Society General Meeting (PES). IEEE, 2009. http://dx.doi.org/10.1109/pes.2009.5275336.
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