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In this article, fixed-price and standard second-price English online auctions are combined in a pricing format that offers customers the option of ending an auction at the 'buy-it-now' (BIN) price. The decision problems of both the customer (bidder) and the seller are discussed, focusing on the...
Persistent link: https://www.econbiz.de/10008539555
In this article, fixed-price and standard second-price English online auctions are combined in a pricing format that offers customers the option of ending an auction at the 'buy-it-now' (BIN) price. The decision problems of both the customer (bidder) and the seller are discussed, focusing on the...
Persistent link: https://www.econbiz.de/10005048688