Models to understand customer behavior in auctions and household purchases

Guide(s)

Jonnalagedda, Sreelata

Department

Marketing

Area

Marketing

University

Indian Institute of Management Bangalore

Place

Bangalore

Publication Date

3-31-2025

Year Awarded

March 2025

Year Completed

March 2025

Year Registered

June 2019

Abstract

Extant literature recognises time as a limited resource (Becker 1965, Muth 1966) and emphasises the importance of understanding preferences towards time allocation to realise buyer behaviour patterns (Howard and Sheth 1969). In the first essay, we consider the results of a field experiment where the permissible bidding duration increased owing to an exogenous intervention by the auction platform. Herein, we identify the strategic responses by informed bidders thwarting the learning-by-bidding process and possible gains by naïve bidders. In the second essay, we examine the influence of the departure of one head of the household on the remaining head’s preferences for time allocation. Herein, we note the reduced consumption of a preferred convenience food despite prior inclinations.

Pagination

96p.

Copyright

Indian Institute of Management Bangalore

Document Type

Dissertation

DAC Chairperson

Jonnalagedda, Sreelata

DAC Members

Prakhya, Srinivas; Mukherji, Arnab; Ponnappan, Vedha

Type of Degree

Ph.D.

Relation

DIS-IIMB-FPM-P25-18

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