Roth, Alvin E.; Ockenfels, Axel - 2021
have a fixed end time. A natural experiment is available because the auctions on Amazon, while operating under otherwise … late bidding on eBay than on Amazon. Futhermore, more experienced bidders on eBay submit late bids more often than do less … experienced bidders, while the effect of experience on Amazon goes in the opposite direction. On eBay, there is also more late …