A 2020 perspective on “Optimistic overconfidence in electronic reverse auctions A research commentary on Behavioral OR methods”

Aysegül Engin; Rudolf Vetschera

doi:10.1016/j.elerap.2020.100937

A 2020 perspective on “Optimistic overconfidence in electronic reverse auctions A research commentary on Behavioral OR methods”

Aysegül Engin, Rudolf Vetschera

Department of Business Decisions and Analytics

Publications: Contribution to journal › Article › Peer Reviewed

Abstract

This paper revisits the paper “Optimistic overconfidence in electronic reverse auctions” published in this journal in 2019 and discusses its contributions and possible impact. The paper established a connection between individual characteristics of decision makers (bidders in auctions), and biases such as overconfidence. One conclusion that can be drawn from its results is that online systems such as electronic auction systems should provide a flexible user interface that allows to adapt the form in which information is presented to the cognitive style of users.

Original language	English
Article number	100937
Number of pages	2
Journal	Electronic Commerce Research and Applications
Volume	40
Early online date	28 Jan 2020
DOIs	https://doi.org/10.1016/j.elerap.2020.100937
Publication status	Published - Mar 2020

Austrian Fields of Science 2012

502052 Business administration

Keywords

Reverse auctions
Overconfidence
Information representation
Behavioral OR
Experiment

Access to Document

10.1016/j.elerap.2020.100937Licence: CC BY 4.0

https://phaidra.univie.ac.at/o:1218694Licence: CC BY 4.0

Cite this

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KW - Overconfidence

KW - Information representation

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KW - Experiment

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A 2020 perspective on “Optimistic overconfidence in electronic reverse auctions A research commentary on Behavioral OR methods”

Abstract

Austrian Fields of Science 2012

Keywords

Access to Document

Other files and links

Behavioral OR European Working Group (EWG - BOR) (External organisation)

Cite this

A 2020 perspective on “Optimistic overconfidence in electronic reverse auctions A research commentary on Behavioral OR methods”

Abstract

Austrian Fields of Science 2012

Keywords

Access to Document

Other files and links

Activities

Behavioral OR European Working Group (EWG - BOR) (External organisation)

Cite this