Visual Analysis of User Behaviour in Pay-Per-Bid Auctions

Rick Walker; Llyr Ap Cenydd; Serban Pop; Jonathan C. Roberts

doi:10.2312/PE/EuroVAST/EuroVA11/025-028

Visual Analysis of User Behaviour in Pay-Per-Bid Auctions

Rick Walker, Llyr Ap Cenydd, Serban Pop, Jonathan C. Roberts

School of Computer Science & Engineering

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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Abstract

In pay-per-bid auctions, placing a bid costs a fee, and only raises the price of the item by a small increment. At the conclusion of the auction, the last bidder wins, and the price paid by the winning bidder is subsidised by the bidding fees paid by unsuccessful bidders. In this short paper, the first publicly available analytics of data from a pay-per-bid website are presented. We present a visual analysis approach using a specific tool developed for the purpose. This dataset represents a difficult challenge because it is huge, it is difficult to evaluate in practice even
using auction theory since there exists no mathematically optimal strategy for successful bidding, and non-trivial patterns are sought.

Original language	English
Title of host publication	International Workshop on Visual Analytics
Publisher	The Eurographics Association
Number of pages	4
DOIs	https://doi.org/10.2312/PE/EuroVAST/EuroVA11/025-028
Publication status	Published - Feb 2011
Event	EuroVA 2011: International Workshop on Visual Analytics - Bergen, Norway, Bergen, Norway Duration: 31 May 2020 → …

Conference

Conference	EuroVA 2011: International Workshop on Visual Analytics
Country/Territory	Norway
City	Bergen
Period	31/05/20 → …

Access to Document

10.2312/PE/EuroVAST/EuroVA11/025-028

va-pay-per-bid_euroVA_Final-2011Accepted author manuscript, 263 KB

2 Conference contribution

The Research Institute of Visual Computing, RIVIC
John, N. W., Jones, M., Martin, R., Vidal, F. P. & Zwiggelaar, R., 1 May 2013, Eurographics 2013 - Lab Presentation. Torres, J. C. & Lécuyer, A. (eds.). Girona, Spain: The Eurographics Association
Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review
Visual Analytics of Microblog Data for Pandemic and Crisis Analysis
Pritchard, I., Walker, R. & Roberts, J. C., 2012, International Workshop on Visual Analytics (2012) - EuroVA: EuroVA 2012. Matkovic, K. & Santucci, G. (eds.). The Eurographics Association, 5 p.
Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

Open Access
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Research Institute of Visual Computing (RIVIC)
Roberts, J. (Participant), John, N. W. (Participant), Ritsos, P. (Participant), Ap Cenydd, L. (Participant), Hope, S. (Participant), Hughes, C. (Participant), Lim, I. S. (Participant), Miles, H. (Participant), Pop, S. (Participant), Scanlan, S. (Participant), Vidal, F. (Participant), Mantiuk, R. (Participant), Pavia, Y. (Participant) & Walker, R. (Participant)
Impact: Economic, Technological, Environmental, Societal

Cite this

@inproceedings{0bcb2962f8a64c70868df33ad753f183,

title = "Visual Analysis of User Behaviour in Pay-Per-Bid Auctions",

abstract = "In pay-per-bid auctions, placing a bid costs a fee, and only raises the price of the item by a small increment. At the conclusion of the auction, the last bidder wins, and the price paid by the winning bidder is subsidised by the bidding fees paid by unsuccessful bidders. In this short paper, the first publicly available analytics of data from a pay-per-bid website are presented. We present a visual analysis approach using a specific tool developed for the purpose. This dataset represents a difficult challenge because it is huge, it is difficult to evaluate in practice evenusing auction theory since there exists no mathematically optimal strategy for successful bidding, and non-trivial patterns are sought.",

author = "Rick Walker and \{Ap Cenydd\}, Llyr and Serban Pop and Roberts, \{Jonathan C.\}",

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language = "English",

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publisher = "The Eurographics Association",

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AU - Walker, Rick

AU - Ap Cenydd, Llyr

AU - Pop, Serban

AU - Roberts, Jonathan C.

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N2 - In pay-per-bid auctions, placing a bid costs a fee, and only raises the price of the item by a small increment. At the conclusion of the auction, the last bidder wins, and the price paid by the winning bidder is subsidised by the bidding fees paid by unsuccessful bidders. In this short paper, the first publicly available analytics of data from a pay-per-bid website are presented. We present a visual analysis approach using a specific tool developed for the purpose. This dataset represents a difficult challenge because it is huge, it is difficult to evaluate in practice evenusing auction theory since there exists no mathematically optimal strategy for successful bidding, and non-trivial patterns are sought.

AB - In pay-per-bid auctions, placing a bid costs a fee, and only raises the price of the item by a small increment. At the conclusion of the auction, the last bidder wins, and the price paid by the winning bidder is subsidised by the bidding fees paid by unsuccessful bidders. In this short paper, the first publicly available analytics of data from a pay-per-bid website are presented. We present a visual analysis approach using a specific tool developed for the purpose. This dataset represents a difficult challenge because it is huge, it is difficult to evaluate in practice evenusing auction theory since there exists no mathematically optimal strategy for successful bidding, and non-trivial patterns are sought.

U2 - 10.2312/PE/EuroVAST/EuroVA11/025-028

DO - 10.2312/PE/EuroVAST/EuroVA11/025-028

M3 - Conference contribution

BT - International Workshop on Visual Analytics

PB - The Eurographics Association

T2 - EuroVA 2011: International Workshop on Visual Analytics

Y2 - 31 May 2020

ER -

Visual Analysis of User Behaviour in Pay-Per-Bid Auctions

Abstract

Conference

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Research output

The Research Institute of Visual Computing, RIVIC

Visual Analytics of Microblog Data for Pandemic and Crisis Analysis

Impacts

Research Institute of Visual Computing (RIVIC)

Cite this