1 Supplier Learning in Repeated Online Procurement Auctions
نویسندگان
چکیده
1. Introduction Repetition is the key aspect of online procurement auctions as they are often conducted yearly or quarterly or even daily (Elmaghraby 2006; Pinker and et al. 2003). Yet it remains unknown (1) what the suppliers' incentives are for repeatedly participating in reverse auctions, especially for those non-winning suppliers (e.g. Jap 2002); (2) In business practice, whether suppliers learn how to bid or they actually have a " short memory " .
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