Millions of people participate in online auctions everyday-numbers that are enticing more and more academics to investigate what auctions can tell us about economics, human behavior, and the way we make business decisions.
Harvard Business School professors Alvin E. Roth and Deepak Malhotra have each independently looked at auction behavior and derive some advice for business people who daily bid for everything from chips to consultants.
Roth looks at the practice of late bidding and how the rules of an auction affect the outcome. Malhotra explores the dynamics of “auction fever.”
Content: Article
Authors: Alvin E. Roth, Deepak Malhotra
Source: Harvard Business School (HBS) Working Knowledge
Subject: Organizational Behavior
Authors: Alvin E. Roth, Deepak Malhotra
Source: Harvard Business School (HBS) Working Knowledge
Subject: Organizational Behavior
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