to incremental bidding. However, the strategic advantages of sniping are eliminated or severely attenuated in auctions …In second price internet auctions with a fixed end time, such as those on eBay, many bidders snipe , i.e., they submit … their bids in the closing minutes or seconds of an auction. Late bids of this sort are much less frequent in auctions that …

to incremental bidding. However, the strategic advantages of sniping are eliminated or severely attenuated in auctions …In second price internet auctions with a fixed end time, such as those on eBay, many bidders "snipe", i.e., they submit … their bids in the closing minutes or seconds of an auction. Late bids of this sort are much less frequent in auctions that …

bidding behavior well, we observe three important deviations. First, bidding is sensitive to theoretically irrelevant changes …

A great deal of late bidding has been observed on internet auctions such as eBay, which employ a second price auction … with a fixed deadline. Much less late bidding has been observed on internet auctions such as those run by Amazon, which … itself to produce the differences in late bidding observed in the field data. The experimental data also allow us to examine …

A great deal of late bidding has been observed on internet auctions such as eBay, which employ a second price auction … with a fixed deadline. Much less late bidding has been observed on internet auctions such as those run by Amazon, which … itself to produce the differences in late bidding observed in the field data. The experimental data also allow us to examine …

A great deal of late bidding has been observed on internet auctions such as eBay, which employ a second price auction … with a fixed deadline. Much less late bidding has been observed on internet auctions such as those run by Amazon, which … itself to produce the differences in late bidding observed in the field data. The experimental data also allow us to examine …