Dynamic, real-time forecasting of online auctions via functional models

Proceedings of the ACM SIGKDD International Conference on Knowledge Discovery and Data Mining

Volumn 2006, Issue , 2006, Pages 580-585

  Jank, Wolfgang ^a   Shmueli, Galit ^a   Wang, Shanshan ^b  

^a UNIVERSITY OF MARYLAND   (United States)

^b UNIVERSITY OF MARYLAND   (United States)

Author keywords

Algorithms; Performance

Indexed keywords

DATA MINING; DATA STRUCTURES; ELECTRONIC COMMERCE; FORECASTING; INFORMATION ANALYSIS; MATHEMATICAL MODELS; REAL TIME SYSTEMS;

DYNAMIC MODELS; FUNCTIONAL DATA METHODOLOGY; ONLINE AUCTIONS; REAL-TIME FORECASTING;

ONLINE SYSTEMS;

EID: 33749574781     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1145/1150402.1150471     Document Type: Conference Paper

References (10)

1. Bajari, P. and Hortacsu, A. (2003). The winner's curse, reserve prices and endogenous entry: Empirical insights from ebay auctions. Rand Journal of Economics, 3:2:329-355.
2. Ghani, R. (2005). Price prediction and insurance for online auctions. In the Proceedings of the 11th ACM SIGKDD International Conference on Knowledge Discovery and Data Mining, Chicago, IL, 2005.
3. Ghani, R. and Simmons, H. (2004). Predicting the end-price of online auctions. In the Proceedings of the International Workshop on Data Mining and Adaptive Modelling Methods for Economics and Management, Pisa, Italy, 2004.
4. Jank, W. and Shmueli, G. (2005). Profiling price dynamics in online auctions using curve clustering. Technical report, Smith School of Business, University of Maryland.
5. Lucking-Reiley, D., Bryan, D., Prasad, N., and Reeves, D. (2000). Pennies from ebay: the determinants of price in online auctions. Technical report, University of Arizona.
6. Ramsay, J. O. and Silverman, B. W. (2005). Functional Data Analysis. Springer Series in Statistics. Springer-Verlag New York, 2nd edition.
7. Ruppert, D., Wand, M. P., and Carroll, R. J. (2003). Semiparametric Regression. Cambridge University Press, Cambridge.
8. Shmueli, G. and Jank, W. (2006). Modeling the Dynamics of Online Auctions: A Modern Statistical Approach. In Economics, Information Systems & Ecommerce Research II: Advanced Empirical Methods. M.E. Sharpe, Armonk, NY. Forthcoming.
9. Shmueli, G., Russo, R. P., and Jank, W. (2005). The Barista: A model for bid arrivals in online auctions. Technical report, Smith School of Business, University of Maryland.
10. Wang, S., Jank, W., and Shmueli, G. (2006). Forecasting ebay's online auction prices using functional data analysis. Journal of Business and Economic Statisitcs. Forthcoming.