I model the environment of Internet auction sites, such as eBay, as sequential ascending auctions. New buyers may enter … the auction site after some of the auctions have completed and only bid for the remaining auctions. I characterize a … bidding strategies are different. A lower-valuation buyer may win an auction while a higher-valuation buyer restrains from …

In eBay s Buy-it-Now auctions sellers can post prices at which buyers can purchase a good prior to an auction. We study … predictions of a model by combining the real auction environment (eBay auction platform and eBay traders) with the techniques of … lab experiments. We observe that the eBay auction format supports deviations from truthful bidding leading to auction …

A human subject laboratory experiment compares the real-time market performance of the two most popular auction formats … configurations and is statistically significant in most treatments. Revenue capture tends to be similar across auction formats in …

A human subject laboratory experiment compares the real-time market performance of the two most popular auction formats … configurations and is statistically significant in most treatments. Revenue capture tends to be similar across auction formats in …

auction. We analyse experimentally how eBay sellers set BIN prices and whether they benefit from offering them. Using the real … eBay environment in the laboratory, we find that the eBay auction format supports deviations from truthful bidding leading … to auction prices substantially below those expected in second-price auctions. Our results reveal that the observed price …

does not effect their price decisions. Compared to an eBay auction without a BIN-price, the BIN-auction is more efficient …

then focuses on the transition from pre-Internet auction research to more recent topics. Special attention is given to … questions. The survey reviews recent empirical and theoretical works on Internet auctions with a focus on Internet auction … general auction topics, but the findings can be quite different in Internet environments. We touch on new design features that …

trepidation with the concept of purchasing goods over the internet, this fear is all but vanished by 2010. Article 9 of the … Uniform Commercial Code allows creditor to seize a debtor’s assets and auction those assets should a debtor default. Article 9 …

The paper presents a framework for estimating a demand system from price data generated by a large scale auction … platform such as eBay. Auction prices are used to identify characteristics of the joint distribution using an order statistics …