Auctions and Bidding on the Internet: an Assessment
- 1 January 1997
- journal article
- Published by Taylor & Francis in Electronic Markets
- Vol. 7 (4) , 7-11
- https://doi.org/10.1080/10196789700000042
Abstract
Electronic commerce (EC) activities are growing rapidly on the internet. One area that receives little publicity is that of auctions and bidding. However, these interrelated activities can become a major EC factor due to the creation of special online brokering services as well as electronic auctions and bids offered directly by private and public organizations. This paper provides a discussion of the benefits and a description of the goods and services traded.Keywords
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