A Computer-Assisted Educational Auction Simulation. (June 2014)

• Record Type: Journal Article
• Authors: Noy, Avraham
• Is Part Of: Simulation & gaming. Volume 45:Number 3(2014:Jun.)
• Page Start: 371
• Page End: 393
• Publication Date: 2014-06
• Subjects: educational auction simulation -- electronic-commerce simulation -- Internet auction simulation -- long-duration simulation; Social sciences -- Study and teaching -- Periodicals; Simulation methods -- Periodicals; Game theory -- Periodicals; Sciences sociales -- Étude et enseignement -- Périodiques; Simulation, Méthodes de -- Périodiques; Jeu de rôle -- Périodiques; Éducation; Jeu d'entreprise; Jeu de simulation; Méthode de simulation; Sciences sociales; Théorie des jeux; Périodique électronique (Descripteur de forme); Ressource Internet (Descripteur de forme); 003.3
• DOI: 10.1177/1046878114549287
• Languages: English
• ISSNs: 1046-8781

Abstract

Background: Internet auctions are popular mechanisms to conduct electronic-business transactions. Because they have received a significant attention, auction simulations have spread to a variety of domains. Aim: The aim of this article is to examine participation in aneducational Internet auction simulation andanalyze participants'behavior andattitude . Method: Forty-eight students participated in twoauction simulation sessions. Data were collected during the exercise, and questionnaire results were analyzed. Results: Findings reveala long-tail distribution of participation among users. Participants use the simulation mostly inlatter phases . Participants' performance was affected by theintensiveness of participation . Conclusion: Long-duration simulations with voluntary participation provide benefits to enthusiastic participants and may suffer fromprocrastination tendency .