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Other Papers on :EC Models and Applications

P/EI/28. Critically analyse the opportunities and threats of reverse auctions. Is, as the name implies, a reverse auction an online auction in reverse? Who benefits most from a reverse auction?

(2004, 1500 words)

This report introduces the term of reverse auctions; assessed the opportunities and threats of reverse auctions, compares it with usual online auctions and outlines the group of stakeholders which benefits most from the reverse auctions.
 
   
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