{"id":"https://openalex.org/W2059562961","doi":"https://doi.org/10.1109/icsmc.2010.5642224","title":"Predict the online auction's closing price using Grey System Theory","display_name":"Predict the online auction's closing price using Grey System Theory","publication_year":2010,"publication_date":"2010-10-01","ids":{"openalex":"https://openalex.org/W2059562961","doi":"https://doi.org/10.1109/icsmc.2010.5642224","mag":"2059562961"},"language":"en","primary_location":{"id":"doi:10.1109/icsmc.2010.5642224","is_oa":false,"landing_page_url":"https://doi.org/10.1109/icsmc.2010.5642224","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2010 IEEE International Conference on Systems, Man and Cybernetics","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5062544126","display_name":"Deborah Lim","orcid":null},"institutions":[{"id":"https://openalex.org/I1323252656","display_name":"Information Technology University","ror":"https://ror.org/00ngv8j44","country_code":"PK","type":"education","lineage":["https://openalex.org/I1323252656"]},{"id":"https://openalex.org/I161371597","display_name":"Universiti of Malaysia Sabah","ror":"https://ror.org/040v70252","country_code":"MY","type":"education","lineage":["https://openalex.org/I161371597"]}],"countries":["MY","PK"],"is_corresponding":false,"raw_author_name":"Deborah Lim","raw_affiliation_strings":["Center of Excellence in Semantic Agents, School of Engineering and Information Technology, Universiti Malaysia Sabah, Kota Kinabalu, Sabah, Malaysia","Center of Excellence in Semantic Agents, School of Engineering and Information Technology, University Malaysia Sabah, Locked Bag 2073, 88999, Kota Kinabalu, Malaysia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Center of Excellence in Semantic Agents, School of Engineering and Information Technology, Universiti Malaysia Sabah, Kota Kinabalu, Sabah, Malaysia","institution_ids":["https://openalex.org/I161371597"]},{"raw_affiliation_string":"Center of Excellence in Semantic Agents, School of Engineering and Information Technology, University Malaysia Sabah, Locked Bag 2073, 88999, Kota Kinabalu, Malaysia","institution_ids":["https://openalex.org/I1323252656"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5084061900","display_name":"Patricia Anthony","orcid":"https://orcid.org/0000-0002-4991-3340"},"institutions":[{"id":"https://openalex.org/I1323252656","display_name":"Information Technology University","ror":"https://ror.org/00ngv8j44","country_code":"PK","type":"education","lineage":["https://openalex.org/I1323252656"]},{"id":"https://openalex.org/I161371597","display_name":"Universiti of Malaysia Sabah","ror":"https://ror.org/040v70252","country_code":"MY","type":"education","lineage":["https://openalex.org/I161371597"]}],"countries":["MY","PK"],"is_corresponding":false,"raw_author_name":"Patricia Anthony","raw_affiliation_strings":["Center of Excellence in Semantic Agents, School of Engineering and Information Technology, Universiti Malaysia Sabah, Kota Kinabalu, Sabah, Malaysia","Center of Excellence in Semantic Agents, School of Engineering and Information Technology, University Malaysia Sabah, Locked Bag 2073, 88999, Kota Kinabalu, Malaysia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Center of Excellence in Semantic Agents, School of Engineering and Information Technology, Universiti Malaysia Sabah, Kota Kinabalu, Sabah, Malaysia","institution_ids":["https://openalex.org/I161371597"]},{"raw_affiliation_string":"Center of Excellence in Semantic Agents, School of Engineering and Information Technology, University Malaysia Sabah, Locked Bag 2073, 88999, Kota Kinabalu, Malaysia","institution_ids":["https://openalex.org/I1323252656"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5002396806","display_name":"Chong Mun Ho","orcid":"https://orcid.org/0000-0001-6177-9984"},"institutions":[{"id":"https://openalex.org/I161371597","display_name":"Universiti of Malaysia Sabah","ror":"https://ror.org/040v70252","country_code":"MY","type":"education","lineage":["https://openalex.org/I161371597"]}],"countries":["MY"],"is_corresponding":false,"raw_author_name":"Chong Mun Ho","raw_affiliation_strings":["School of Science and Technology, Universiti Malaysia Sabah, Kota Kinabalu, Sabah, Malaysia","School of Science and Technology, University Malaysia Sabah, Locked Bag 2073, 88999, Kota Kinabalu, Malaysia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Science and Technology, Universiti Malaysia Sabah, Kota Kinabalu, Sabah, Malaysia","institution_ids":["https://openalex.org/I161371597"]},{"raw_affiliation_string":"School of Science and Technology, University Malaysia Sabah, Locked Bag 2073, 88999, Kota Kinabalu, Malaysia","institution_ids":["https://openalex.org/I161371597"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.803,"has_fulltext":false,"cited_by_count":9,"citation_normalized_percentile":{"value":0.77721575,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":null,"issue":null,"first_page":"156","last_page":"163"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9925000071525574,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9925000071525574,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":0.9484000205993652,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11918","display_name":"Forecasting Techniques and Applications","score":0.9480000138282776,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.6917241811752319},{"id":"https://openalex.org/keywords/vickrey-auction","display_name":"Vickrey auction","score":0.650536835193634},{"id":"https://openalex.org/keywords/closing","display_name":"Closing (real estate)","score":0.6287919282913208},{"id":"https://openalex.org/keywords/auction-theory","display_name":"Auction theory","score":0.6167263984680176},{"id":"https://openalex.org/keywords/proxy-bid","display_name":"Proxy bid","score":0.6058598160743713},{"id":"https://openalex.org/keywords/revenue-equivalence","display_name":"Revenue equivalence","score":0.604986846446991},{"id":"https://openalex.org/keywords/bidding","display_name":"Bidding","score":0.5553699731826782},{"id":"https://openalex.org/keywords/generalized-second-price-auction","display_name":"Generalized second-price auction","score":0.5034100413322449},{"id":"https://openalex.org/keywords/english-auction","display_name":"English auction","score":0.47950130701065063},{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.459574431180954},{"id":"https://openalex.org/keywords/reservation","display_name":"Reservation","score":0.445980042219162},{"id":"https://openalex.org/keywords/reverse-auction","display_name":"Reverse auction","score":0.4357467591762543},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.37404686212539673},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.2674468755722046},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.20927724242210388},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.14078634977340698},{"id":"https://openalex.org/keywords/computer-network","display_name":"Computer network","score":0.09471875429153442},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.07359117269515991}],"concepts":[{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.6917241811752319},{"id":"https://openalex.org/C83426474","wikidata":"https://www.wikidata.org/wiki/Q243758","display_name":"Vickrey auction","level":4,"score":0.650536835193634},{"id":"https://openalex.org/C2778775528","wikidata":"https://www.wikidata.org/wiki/Q5135432","display_name":"Closing (real estate)","level":2,"score":0.6287919282913208},{"id":"https://openalex.org/C11276805","wikidata":"https://www.wikidata.org/wiki/Q771334","display_name":"Auction theory","level":3,"score":0.6167263984680176},{"id":"https://openalex.org/C163074370","wikidata":"https://www.wikidata.org/wiki/Q7252893","display_name":"Proxy bid","level":5,"score":0.6058598160743713},{"id":"https://openalex.org/C143684077","wikidata":"https://www.wikidata.org/wiki/Q431186","display_name":"Revenue equivalence","level":4,"score":0.604986846446991},{"id":"https://openalex.org/C9233905","wikidata":"https://www.wikidata.org/wiki/Q3276328","display_name":"Bidding","level":2,"score":0.5553699731826782},{"id":"https://openalex.org/C48278072","wikidata":"https://www.wikidata.org/wiki/Q5532508","display_name":"Generalized second-price auction","level":4,"score":0.5034100413322449},{"id":"https://openalex.org/C112481924","wikidata":"https://www.wikidata.org/wiki/Q1626270","display_name":"English auction","level":3,"score":0.47950130701065063},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.459574431180954},{"id":"https://openalex.org/C2777632111","wikidata":"https://www.wikidata.org/wiki/Q1937518","display_name":"Reservation","level":2,"score":0.445980042219162},{"id":"https://openalex.org/C194291561","wikidata":"https://www.wikidata.org/wiki/Q2852717","display_name":"Reverse auction","level":3,"score":0.4357467591762543},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.37404686212539673},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.2674468755722046},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.20927724242210388},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.14078634977340698},{"id":"https://openalex.org/C31258907","wikidata":"https://www.wikidata.org/wiki/Q1301371","display_name":"Computer network","level":1,"score":0.09471875429153442},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.07359117269515991},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/icsmc.2010.5642224","is_oa":false,"landing_page_url":"https://doi.org/10.1109/icsmc.2010.5642224","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2010 IEEE International Conference on Systems, Man and Cybernetics","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":14,"referenced_works":["https://openalex.org/W638453110","https://openalex.org/W1577818368","https://openalex.org/W1608292140","https://openalex.org/W2012142747","https://openalex.org/W2109180869","https://openalex.org/W2131528422","https://openalex.org/W2142792080","https://openalex.org/W2149809923","https://openalex.org/W2157645598","https://openalex.org/W2543912535","https://openalex.org/W6634609459","https://openalex.org/W6676046582","https://openalex.org/W6681329867","https://openalex.org/W6729442342"],"related_works":["https://openalex.org/W2130343004","https://openalex.org/W2361652572","https://openalex.org/W2078143685","https://openalex.org/W2113120304","https://openalex.org/W3037243637","https://openalex.org/W2391675667","https://openalex.org/W2057067174","https://openalex.org/W129503826","https://openalex.org/W2184406882","https://openalex.org/W45545841"],"abstract_inverted_index":{"The":[0,145,164],"introduction":[1],"of":[2,11,24,94,99,119,147,166],"online":[3,134],"auction":[4,27,31,79,105,135],"has":[5],"resulted":[6],"in":[7,16,103,138],"a":[8,57,120],"rich":[9],"collection":[10],"problems":[12],"and":[13,35,64],"issues":[14],"especially":[15],"the":[17,22,37,46,61,65,92,97,100,117,133,142],"bidding":[18],"process":[19,23],"such":[20,90],"as":[21,91,106,108],"monitoring":[25],"multiple":[26],"houses,":[28],"picking":[29],"which":[30],"to":[32,44,55,131,140],"participate":[33],"in,":[34],"making":[36],"right":[38],"bid.":[39],"If":[40],"bidders":[41,101],"are":[42,53],"able":[43,54],"predict":[45,132],"closing":[47,75,136],"price":[48,76,137],"for":[49,70,77],"each":[50,95,109],"auction,":[51],"they":[52,67],"make":[56],"better":[58],"decision":[59],"on":[60,87,116],"time,":[62],"place":[63],"amount":[66],"can":[68],"bid":[69],"an":[71,78,153],"item.":[72],"However,":[73],"predicting":[74],"is":[80,85,150,170],"not":[81],"easy":[82],"since":[83],"it":[84],"dependent":[86],"many":[88],"factors":[89],"behaviour":[93],"bidder,":[96],"number":[98],"participating":[102],"that":[104,123],"well":[107],"bidder's":[110,143],"reservation":[111],"price.":[112],"This":[113],"paper":[114],"reports":[115],"development":[118],"predictor":[121],"agent":[122,149],"utilizes":[124],"Grey":[125],"System":[126],"Theory":[127],"GM":[128],"(1,":[129],"1)":[130],"order":[139],"maximize":[141],"profit.":[144],"performance":[146],"this":[148],"compared":[151],"with":[152],"Artificial":[154],"Neural":[155],"Network":[156],"Predictor":[157],"Agent":[158],"(using":[159],"Feedforward":[160],"Backpropagation":[161],"Prediction":[162],"Model).":[163],"effectiveness":[165],"these":[167],"two":[168],"agents":[169],"evaluated":[171],"using":[172],"real":[173],"eBay":[174],"auction's":[175],"data":[176],"(Apple":[177],"IPhone":[178],"8GB).":[179]},"counts_by_year":[{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-06-11T09:08:48.828518","created_date":"2025-10-10T00:00:00"}
