In second price internet auctions with a fixed end time, such as those on eBay, many bidders snipe , i.e., they submit … second price internet auctions, in which very late bids have a positive probability of not being successfully submitted, and …

In second price internet auctions with a fixed end time, such as those on eBay, many bidders "snipe", i.e., they submit … second price internet auctions, in which very late bids have a positive probability of not being successfully submitted, and …

Internet markets) to a market without feedback, as well as to a market in which the same people interact with one another …