Thursday’s WSJ has a nice article (subscription required) on how economists would improve the NFL draft, including an interactive graphic explaining how the auction method they propose would work. Nice stuff. One of those economists is Alvin Roth of Market Design, a blog we enjoy. ~alex
Entries Tagged as 'Auction Markets'
Explaining a simultaneous ascending auction
April 24th, 2010 · No Comments · Auction Markets, Market Definitions
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eBay takes another whack at their search UI
February 10th, 2010 · No Comments · Auction Markets, Product Development, Usability
Bits, the NY Times tech blog, calls our attention to something new going on over at eBay: Garden at eBay, a site for testing new tools, features, etc. with users before pushing them out to ebay.com. Our first response is: whatever happened to Project San Dimas, eBay’s earlier attempt to clean up the user interface? [...]
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New breed of auction sites
August 16th, 2009 · No Comments · Auction Markets
This from The Economist: Mind the pennies, an article that describes a new trend in entertainment shopping (or aka, productizing the joy of winning an auction). The new sites — such as GoBid.com — are auctions where each new bid only goes up a by a penny. The items bid upon are TVs, mobile phones, [...]
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Buy low … go race a horse
April 13th, 2009 · No Comments · Auction Markets, Fun, Other Markets
From the FT: “Prices just fell off a cliff,” says Dina Astell of the Racehorse Owners Association. “Trainers who used to get credit from their banks stopped getting credit.” Now all eyes are on the sale of two year olds, hosted by Tattersalls, to be held tomorrow and Wednesday. It uses the old English coinage [...]
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The Sucker Discovery Process
June 3rd, 2008 · 1 Comment · Auction Markets
BusinessWeek has this fascinating story about the decline of the auction business. Specifically, that auctions on eBay for ordinary, or relatively ordinary, items may be a thing of the past. The one paragraph to read: What happened to auctions? Not only do shoppers want convenience, they’re also looking for value. And the proliferation of pricing [...]
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Searching Across Auctions
March 28th, 2008 · No Comments · Auction Markets, Usability
In the “whatever can be transparent will be transparent (but not necessarily usable)” category we have this site from the UK: LIVE Alt Auction Search (ht to AltSearchEngines). Select the auction sites you’re interested in searching (alas, no eBay!), enter your keywords … … and off you go. Hunh? Not quite what I expected, but [...]
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eBay Will Tinker With Their Search Engine
January 25th, 2008 · No Comments · Auction Markets
eBay’s CEO handover is in the news. From today’s FT story about it, this interesting quote: Over the next few weeks, he said, Ebay would announce a series of changes to its fee structure and to the way its search engine sifts through its millions of listings and chooses which to present most prominently. He [...]
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