Emerging behavior in electronic bidding

I. Yang, H. Jeong, B. Kahng, A. L. Barabási

Research output: Contribution to journalArticlepeer-review

19 Scopus citations


The statistical properties of a large number of agents on two major online auction sites were characterized. It was shown that the total number of bids placed in a single category and the number of distinct auctions follow power-law distributions. Results also showed that these agents exert an unproportional influence on the final price of the auctioned items.

Original languageEnglish
Article number016102
Pages (from-to)161021-161025
Number of pages5
JournalPhysical Review E - Statistical, Nonlinear, and Soft Matter Physics
Issue number1 2
StatePublished - Jul 2003


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