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How eBay sellers set 'Buy-it-now' prices : bringing the field into the lab

Grebe, Tim; Ivanova-Stenzel, Radosveta; Kröger, Sabine - 2006

In this paper we introduce a new type of experiment that combines the advantages of lab and field experiments. The … traders' experience in a real market environment influences their behavior in the lab and whether abstract lab experiments …

Persistent link: https://www.econbiz.de/10010365897

Buy-it-Now prices in eBay auctions : the field in the lab ; conference paper

Grebe, Tim; Ivanova-Stenzel, Radosveta; Kröger, Sabine - 2014

lab experiments. We observe that the eBay auction format supports deviations from truthful bidding leading to auction …

Persistent link: https://www.econbiz.de/10010491157

How do sellers benefit from buy-it-now prices in Ebay auctions? : an experimental investigation

Grebe, Tim; Ivanova-Stenzel, Radosveta; Kröger, Sabine - 2018

In Buy-It-Now (BIN, hereafter) auctions, sellers can make a "take-it-or-leave-it" price offer (BIN price) prior to an 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...

Persistent link: https://www.econbiz.de/10011902715

How do sellers benefit from Buy-It-Now prices in eBay auctions?

Grebe, Tim; Ivanova-Stenzel, Radosveta; Kröger, Sabine - 2019

We investigate experimentally on eBay how sellers set prices in "Buy-It-Now" (BIN) auctions. We find that the eBay format leads to prices substantially below those expected in second-price auctions. Moreover, our results reveal that the information available on eBay about buyer experience and...

Persistent link: https://www.econbiz.de/10012309640