data. Moreover, numerous innovations in auction-design features on platforms such as eBay have created excellent research …-now options) in online auctions, as well as some of the literature dealing with online-auction design (including stopping rules …

This paper surveys recent studies of Internet auctions. Four main areas of research are summarized. First, economists …'s curse. Third, we explore research about the role of reputation in online auctions. Finally, we discuss what Internet … auctions have to teach us about auction design …

, versus the option of making the reserve public by using it as the minimum bid level. In a field experiment, we auction 50 … that secret reserve prices make us worse off as sellers, by reducing the probability of the auction resulting in a sale …, deterring serious bidders from entering the auction, and lowering the expected transaction price of the auction. We also present …

consumer search on the internet. The extensive nature of the eBay data allows us to examine a rich and detailed set of …

There is a great deal of late bidding on internet second price auctions. We show that this need not result from either … passed without a bid. The strategic differences in the auction rules are reflected in the auction data by significantly more … about ending the auction playing an important role …

The internet has dramatically reduced the cost of varying prices, displays and information provided to consumers …, facilitating both active and passive experimentation. We document the prevalence of targeted pricing and auction design variation … auction design parameters, and on consumer sensitivity to shipping fees. We argue that leveraging the experiments of market …

reduction in search costs on the Internet relative to the physical channel would cause both price and price dispersion to fall …

We examine manufacturers' decisions of whether and how to offer their products for sale over the internet …. Manufacturers that rely on promotion of their products by brick and mortar retailers must consider the possibility that internet … their products over the internet and to control the pricing of their products over the internet. We examine three categories …