Risk management for online auction sellers: Options approach to manage price and quantity related risks

Gopal, R and Tung, Y A and Kumar, R and Bapna, R (2007) Risk management for online auction sellers: Options approach to manage price and quantity related risks. In: 17th Workshop on Information Technologies and Systems, WITS 2007, 8 - 9 December 2007, Montreal, QC; Canada.

Full text not available from this repository. (Request a copy)

Abstract

In online auctions, sellers typically face two types of risks: 1) uncertainty regarding the success of an auction ("quantity related" risk), and, 2) uncertainty in the auction-ending price ("price related" risk). Prior literature has proposed measures to manage these risks, albeit individually rather than jointly. In this paper, we propose a risk management tool, drawn and developed from the concept of put options the enables sellers to manage both of these risks for online auction settings.

ISB Creators:
ISB CreatorsORCiD
Bapna, RUNSPECIFIED
Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Costs; Electronic commerce; Information technology; Risk management; Online auctions; Put options; Related risk
Subjects: Business and Management
Depositing User: Ilammaran A
Date Deposited: 10 Nov 2014 11:52
Last Modified: 10 Nov 2014 11:52
URI: http://eprints.exchange.isb.edu/id/eprint/217
Publisher URL:
Related URLs:

    Actions (login required)

    View Item View Item
    Statistics for DESI ePrint 217 Statistics for this ePrint Item