A model for pricing Italian Contemporary Art paintings at auction

Critique of Research Books (Art)/ The Art Economics of Art: A Look at Contemporary Art Economics; Markets, Strategies, and the Star-making Systems, Marzieh Eftekhari

Auction-Based Pricing Model for Web Service Providers

Applying auctions to Web services selection and invocation calls for examination due to the unique features of Web services, such as interoperable machine-to-machine interactions and reenterable bargaining services. In this paper we propose a formal model for Web services-based auctions. Examining one-sided sealed auction type, we prove mathematically that service requestors’ risk preferences c...

The Market for Contemporary Art

A New Stock Model for Option Pricing in Uncertain Environment

The option-pricing problem is always an important part in modern finance. Assuming that the stock diffusion is a constant, some literature has introduced many stock models and given corresponding option pricing formulas within the framework of the uncertainty theory. In this paper, we propose a new stock model with uncertain stock diffusion for uncertain markets. Some option pricing formulas on...

Study on Pricing Model of Online Auction under Competitive Strategy

E-commerce auction has the auction properties unlike ordinary e-commerce transactions. The online auctions, allowed bidding, become into a new trading model based on the network for the exchange and auction technology. This paper firstly gives the overview of the online auction pricing mechanism and introduces the ecommerce auction market and its characteristics on the one hand. On the other ha...