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Modeling Online Auctions by Galit Shmueli, Wolfgang Jank (Hardcover, 2010)

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Explore cutting-edge statistical methodologies for collecting, analyzing, and modeling online auction data Online auctions are an increasingly important marketplace, as the new mechanisms and formats underlying these auctions have enabled the capturing and recording of large amounts of bidding data that are used to make important business decisions. As a result, new statistical ideas and innovation are needed to understand bidders, sellers, and prices. Combining methodologies from the fields of statistics, data mining, information systems, and economics, Modeling Online Auctions introduces a new approach to identifying obstacles and asking new questions using online auction data. The authors draw upon their extensive experience to introduce the latest methods for extracting new knowledge from online auction data. Rather than approach the topic from the traditional game-theoretic perspective, the book treats the online auction mechanism as a data generator, outlining methods to collect, explore, model, and forecast data. Topics covered include: Data collection methods for online auctions and related issues that arise in drawing data samples from a Web site Models for bidder and bid arrivals, treating the different approaches for exploring bidder-seller networks Data exploration, such as integration of time series and cross-sectional information; curve clustering; semi-continuous data structures; and data hierarchies The use of functional regression as well as functional differential equation models, spatial models, and stochastic models for capturing relationships in auction data Specialized methods and models for forecasting auction prices and their applications in automated bidding decision rule systems Throughout the book, R and MATLAB software are used for illustrating the discussed techniques. In addition, a related Web site features many of the book's datasets and R and MATLAB code that allow readers to replicate the analyses and learn new methods to apply to their own research. Modeling Online Auctions is a valuable book for graduate-level courses on data mining and applied regression analysis. It is also a one-of-a-kind reference for researchers in the fields of statistics, information systems, business, and marketing who work with electronic data and are looking for new approaches for understanding online auctions and processes. Visit this book's companion website by clicking here

Product Identifiers

Publisher
John Wiley & Sons Inc
ISBN-13
9780470475652
eBay Product ID (ePID)
94764072

Product Key Features

Author
Galit Shmueli, Wolfgang Jank
Publication Name
Modeling Online Auctions
Format
Hardcover
Language
English
Subject
Mathematics, Business
Publication Year
2010
Type
Textbook
Number of Pages
336 Pages

Dimensions

Item Height
241mm
Item Width
165mm
Item Weight
624g

Additional Product Features

Title_Author
Wolfgang Jank, Galit Shmueli
Series Title
Statistics in Practice
Country/Region of Manufacture
United States

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Modeling Online Auctions by Galit Shmueli, Wolfgang Jank (Hardcover, 2010)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

Best Selling in Study Guides & Test Prep

2018 International Building Code by International Code Council (2017, Paperback, 1st Edition)

English-Spanish First Words Flash Cards by Scholastic (2021, Print, Other)

Where DID Towers Go Evidence of Directed Freeenergy Technology on by Judy VG

Go Math! Ser.: Go Math! : Student Interactive Worktext Grade 7 2018 by HOUGHTON MIFFLIN HARCOURT (2017, Trade Paperback)

Shadows over Stillwater by Kevin Ross (2019, Hardcover)

Eureka Math 2, Learn, 4 Fractional Units, Module 2 by Great Minds (2021, Trade Paperback)

Save on Study Guides & Test Prep

NFPA 70 NEC 2023 National Electrical Code Spiral Bound Soft Cover

Biblia Bilingüe by Rvr 1960 Staff (2010, Imitation Leather, Bilingual edition)

Where Did the Towers Go? Evidence of Directed Free-energy Technology on 9/11

THE INTERLINEAR BIBLE: Hebrew-Greek-English, Hardcover, 2005, BRAND NEW

National Electrical Code NEC Colored 2020 Fast-Tabs for Reference Handbook

English-Spanish First Words Flash Cards by Scholastic (2021, Print, Other)

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