Abstract With the development of electronic commerce, buy-now price auction, as one of the online auction patterns, has become popular. Online buy-now price auction breaks time and space constraints;therefore it has been widely used in combinatorial auctions. On the basis of the two different auction rules adopted by auction websites presently, fixed buy-now price and permanent buy-now price, the authors analyzed and compared the expected revenue of sellers in the two different rules in the model of independent private valuation.
TIAN Jian,GAO Jie. A Comparative Study on the Revenue of Sellers in the Auction Mechanism of Different Buy now Price Combination. Economic Survey, 2012, (1): 07.