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Journal of theoretical and applied electronic commerce research

versión On-line ISSN 0718-1876


DRAKE, John R; HALL, Dianne J  y  BYRD, Terry Anthony. The Importance of Individual Characteristics on Consideration Sets for Online Auction Buyers. J. theor. appl. electron. commer. res. [online]. 2012, vol.7, n.2, pp.13-30. ISSN 0718-1876.

In this research, we extend online auction theory by considering set theory in terms of a staged buying process. Success of online auction marketplaces depends on the efficacy of individual buyers searching for and finding desired items for bidding. Searches that lead to consideration sets with too many or too few options may result in a suboptimal choice. Results from this study suggest that certain personal characteristics may impact the number of auctions considered when filtering the awareness set to the consideration set. The findings suggest that design and management of online auction marketplaces should be refined to facilitate these individual traits such that individual search strategies are maximized.

Palabras clave : Online auctions; Personal characteristics; Self-regulation; Trusting disposition; Decision support; Search; Consideration set.

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