Electronic commerce has grown extraordinarily over the years, with online auctions being extremely successful forms of … trade. Those auctions come in a variety of different formats, such as the Buy-It-Now auction format on eBay, that allows … in Buy-It-Now auctions, as to this point little is known about how sellers set Buy-It-Now prices. We investigate into …

to making an auction choice impacts their choice decision and/or the outcome of the auctions. The results show a strong …

The conventional wisdom in the auction design literature is that first price sealed bid auctions tend to make more … money while ascending auctions tend to be more efficient. We re-examine these issues in an environment in which bidders are … 'overentry' into the ascending auctions. …

bidders could resolve this anomaly the claim that risk aversion drives overbidding in first price auctions is somewhat …

experiment to study seller behavior in online auctions with a Buy-It-Now feature, where early potential bidders have the … invited eBay buyers and sellers into the lab to participate in a series of auctions on the eBay platform. We investigate how …

Overbidding in second-price auctions (SPAs) has been shown to be persistent and associated with cognitive ability. We …. Employing an order-balanced design, we use first-price auctions (FPAs) to expose participants to an auction format in which …

Overbidding in second-price auctions (SPAs) has been shown to be persistent and associated with cognitive ability. We …. Employing an order-balanced design, we use first-price auctions (FPAs) to expose participants to an auction format in which …