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Analysis of Bid Strategy with Game Theory in Auctions with a Buyout price

机译：买断价竞价策略的博弈分析

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摘要

The unprecedented growth of Internet has deeply infiltrated all of today''s society. With more and more people using the Internet for a wide range of purposes, Internet use has become an absolute necessity for businesses to survive and grow. Online auction has been a particularly effective form of electronic commerce and is a promising field. Online auction often enable sellers to augment their auctions with a buyout price. The strategy of bidder is very important and has effect on seller''s choice of auction form. Recent theoretical research shows the benefits of English auction with buyout price. In this paper we will show the bidder''s strategy on eBay buy-it-now auction with game theory. There is an equilibrium which is the optimal for any first bidder.
机译：互联网的空前发展已深深渗透到当今社会。随着越来越多的人将Internet用于各种各样的目的，Internet的使用已成为企业生存和发展的绝对必要条件。在线拍卖是电子商务的一种特别有效的形式，并且是一个有前途的领域。在线拍卖通常使卖家能够以买断价格来增加其拍卖。投标人的策略非常重要，对卖方选择拍卖形式有影响。最近的理论研究表明，用买断价进行英国拍卖的好处。在本文中，我们将用博弈论论证竞标者在eBay立即购买拍卖中的策略。有一个均衡对任何第一投标人来说都是最佳的。

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