Auctions in Steel Industry
- DOI
- 10.2991/febm-18.2018.39How to use a DOI?
- Keywords
- Auctions; Steel; On-line auctions
- Abstract
The paper analyzes the literature regarding the auctions of products in the context of the steel sector with three objectives: to identify its determining factors, decide the appropriate method of auctioning in that context and investigate the need to group products in homogeneous lots before the auction. For this, after exposing the current method developed in this type of auction, the following are analyzed: the possible types to be followed, their performance, the main factors of human behavior that may affect them, the factors for the proper design of online auctions and the need to group the products in homogeneous lots to optimize the auction. The consulted literature reveals the suitability of homogeneous groupings prior to the auction and proposes a new model for the on-line auction of iron and steel products.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Borja Ena AU - Javier Puente AU - Alberto Gomez AU - Paolo Priore PY - 2018/12 DA - 2018/12 TI - Auctions in Steel Industry BT - Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018) PB - Atlantis Press SP - 166 EP - 170 SN - 2352-5428 UR - https://doi.org/10.2991/febm-18.2018.39 DO - 10.2991/febm-18.2018.39 ID - Ena2018/12 ER -