Elmaghraby, Wedad; Gopal, Anandasivam; Pilehvar, Ali - NET Institute - 2012
such information set that has been relatively understudied in the literature pertains to reference prices available to the … bidder from other concurrent and comparable auctions. In this paper, we study how reference prices from such auctions affect … bidding behavior on the focal auction. We also study how the impact of these reference prices is moderated by bidder …