Bidding in the last seconds or minutes of an auction is a common strategy in Internet auctions with fixed end …

This paper proposes a framework for demand estimation with data on bids, bidders' identities, and auction covariates … dynamic auction model with IPV and private bidding costs it follows that if participation is optimal the bidder searches with … a "reservation bid" for low-price auctions. Extending results from the empirical auction literature and employing a …

for France, Germany, Italy and the UK. It will be particularly interesting to have a closer look at the situation in … Germany, since this country is generally considered a "service laggard" (see summaries of the debate in Cornetz/Schäfer 1999 … holds for the introduction of innovative technology-based business models in service firms. If service sectors in Germany …