Reithinger, Florian; Jank, Wolfgang; Tutz, Gerhard; … - In: Journal of the Royal Statistical Society Series C 57 (2008) 2, pp. 127-148
On-line auctions pose many challenges for the empirical researcher, one of which is the effective and reliable modelling of price paths. We propose a novel way of modelling price paths in eBay's on-line auctions by using functional data analysis. One of the practical challenges is that the...