DOES THE BUYER’S EXERTISE INFLUENCE THE RESULT OF A REVERSE ELECTRONIC AUCITON? AN EXPERTISE THEORY POINT OF VIEW

1 KLÉZL Vojtěch
Institution:
1 VSB - Technical University of Ostrava, Ostrava, Czech Republic, EU, vojtech.klezl@vsb.cz
Conference:
Carpathian Logistics Congress, Priessnitz Spa, Jesenik, Czech Republic, EU, November 4th - 6th 2015
Proceedings:
Proceedings Carpathian Logistics Congress
Pages:
116-121
ISBN:
978-80-87294-61-1
ISSN:
2694-9318
Published:
18th April 2016
Proceedings of the conference were published in Web of Science.
Metrics:
715 views / 294 downloads
Abstract

This paper offers a new perspective on factors influencing the results of reverse electronic auctions (e-auctions) in purchase. Using the expert-performance approach established by Ericsson and Towne [1], we examine the claim by Smeltzer and Carr [2] that qualified and experienced buyers tend to perform better in e-auctions. Financial savings are used as the measure of the performance. Repeated execution of e-auctions, practitioner’s conference participation and positive feedback from supervisors are considered to be the factors of ‘deliberate practice’ described in Ericsson and Towne [1]. ANOVA and correlation is used as a statistical method to examine the data from e-auctions conducted by Czech and Slovak organizations. We conclude that expertise influences the results of e-auctions and mainly the factor of coaching and mentoring can enhance company’s performance.

Keywords: reverse electronic auctions, expert-performance approach, deliberate practice, expertise in purchase

© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Scroll to Top