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The calendar effect of Dutch Auction on Gongtianxia's agricultural products

机译:荷兰拍卖对公天下农产品的日历影响

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In recent years, agricultural e-commerce sales model is in full swing.As the nation's largest B2C e-commerce company of agricultural products, ShanXi GongTianXia E-commerce Co., Ltd.(hereinafter referred to as "GongTianXia ") launched the "7-day auction" and "15-minute auction" since the end of 2014 on their official Wechat platform.Through these two new sales patterns, GongTianXia wants to attract more customers' attention to agricultural products, and thus lead to greater trade volume and profits.Many studies have shown that "calendar effect" has a wide range of use in financial markets.Likewise, as temporal-series data, did GongTianXia's two kinds of price reduction auctions have similarities with the laws of financial markets? There's no research to prove it so far.Taking GongTianXia's over 200,000 transactions data occurred during 432 instances of"7-day auction" and 943 instances of "15-minute auction" within 2015, this paper discusses the impacts of different periods of "significant time points" under both "7-day auction" and "15-minute auction" on different types of commodities, then explain why those results may happen.With the findings, we can improve calender effect theory and make a theoretical complement for Dutch auction as Mobile commerce, and give more optimization advices on mobile commerce companies.
机译:近年来,农业电子商务的销售模式正在全面展开。作为全国最大的B2C农产品电子商务公司,山西天天下电子商务有限公司(以下简称“天下下”)推出了“自2014年底起在其官方微信平台上进行了“ 7天拍卖”和“ 15分钟拍卖”。通过这两种新的销售模式,龚天下希望吸引更多客户对农产品的关注,从而带来更大的交易量和许多研究表明,“日历效应”在金融市场上具有广泛的用途。同样,作为时间序列数据,龚天下的两种降价拍卖与金融市场规律是否有相似之处?到目前为止,还没有任何研究可以证明这一点。以龚天霞的超过20万笔交易数据为2015年内的432次“ 7天拍卖”实例和943次“ 15分钟拍卖”实例期间,本文讨论了不同时期“重大”交易的影响在“ 7天拍卖”和“ 15分钟拍卖”下针对不同类型的商品的“时间点”,然后解释为什么会出现这些结果。借助这些发现,我们可以改进压延效应理论,并为荷兰拍卖提供理论补充作为移动商务,并为移动商务公司提供更多优化建议。

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