A 2020 perspective on “Optimistic overconfidence in electronic reverse auctions A research commentary on Behavioral OR methods”

Autor(en)
Aysegül Engin, Rudolf Vetschera
Abstrakt

This paper revisits the paper “Optimistic overconfidence in electronic reverse auctions” published in this journal in 2019 and discusses its contributions and possible impact. The paper established a connection between individual characteristics of decision makers (bidders in auctions), and biases such as overconfidence. One conclusion that can be drawn from its results is that online systems such as electronic auction systems should provide a flexible user interface that allows to adapt the form in which information is presented to the cognitive style of users.

Organisation(en)
Institut für Betriebswirtschaftslehre, Institut für Business Decisions and Analytics
Journal
Electronic Commerce Research and Applications
Band
40
ISSN
1567-4223
DOI
https://doi.org/10.1016/j.elerap.2020.100937
Publikationsdatum
01-2020
Peer-reviewed
Ja
ÖFOS 2012
Betriebswirtschaftslehre
Link zum Portal
https://ucris.univie.ac.at/portal/de/publications/a-2020-perspective-on-optimistic-overconfidence-in-electronic-reverse-auctions-a-research-commentary-on-behavioral-or-methods(ba53b8ee-6e4a-4634-99d3-e523fb25d48c).html