Visual Analysis of User Behaviour in Pay-Per-Bid Auctions (English)

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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.

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Characterizing Visual Analytics in Diagnostic Imaging
Lundström, C. / Persson, A. | 2011
Data Driven Color Mapping
Eisemann, Martin / Albuquerque, Georgia / Magnor, Marcus | 2011
Towards a Concept how the Structure of Time can Support the Visual Analytics Process
Lammarsch, T. / Aigner, W. / Bertone, A. / Miksch, S. / Rind, A. | 2011
SmartStripes - Looking under the Hood of Feature Subset Selection Methods
May, T. / Davey, J. / Ruppert, T. | 2011
Understanding the Role and Value of Interaction: First Steps
Aigner, W. | 2011
Visual Comparison of Ranked Result Cumulated Gains
Ferro, N. / Sabetta, A. / Santucci, G. / Tino, G. / Veltri, F. | 2011
Visual Analysis of User Behaviour in Pay-Per-Bid Auctions
Walker, Rick / Cenydd, Llyr ap / Pop, Serban / Roberts, Jonathan C. | 2011
Visual Analysis of Advanced Manufacturing Simulations
Wörner, M. / Ertl, T. | 2011
A Framework for the Multi-Temporal Analysis of Land Cover Change using Visual Analytics
Kinkeldey, C. / Schiewe, J. | 2011
Exploring Complex Mobile Life through Lightweight Visualizations
Kim, Tanyoung / Blom, Jan / Stasko, John | 2011
Interactive Analysis of Object Group Changes over Time
Bremm, S. / Landesberger, T. von / Andrienko, G. / Andrienko, N. / Schreck, T. | 2011
Adaptive Interactive Multi-Resolution Computational Steering for Complex Engineering Systems
Matkovic, K. / Gracanin, D. / Jelovic, M. / Cao, Y. | 2011
Steerable Clustering for Visual Analysis of Ecosystems
Ahmed, Zafar / Yost, Patrick / McGovern, Amy / Weaver, Chris | 2011
Contingency Wheel: Visual Analysis of Large Contingency Tables
Alsallakh, Bilal / Gröller, Eduard / Miksch, Silvia / Suntinger, Martin | 2011