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Internet auctions are common in nearly all consumer categories. Hence, it is not surprising that a great deal of research has emerged on the topic in recent years. New design and format considerations and a wealth of available data from various platforms provide new questions and promising...
Persistent link: https://www.econbiz.de/10014044924
Our research investigates what factors make snipe bidding more likely, whether sniping pays, and how an auction can be designed to minimize sniping. We estimate sniping probability in eBay auctions using multivariate models to examine novel datasets compiled from auctions of the Norelco electric...
Persistent link: https://www.econbiz.de/10014044925