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 …

We examine the competition between a group of Internet retailers that operate in an environment where a price search …

We study the tendency to connect to the Internet, and the online and offline shopping behavior of connected persons, to … draw inferences about whether the Internet is a substitute or a complement for cities. We document that larger markets have … content, suggesting the Internet is a complement to cities. Yet, holding local online content constant, people are less likely …