greater than a threshold value. The theory also implies that the expected transaction price is higher in an auction with an …

their auction end at the evening, when many potential buyers may be online. …

. Further, we challenge the recommendation that it is profitable for eBay sellers to let their auction end in the evening, when …

Online penny auctions, emerged recently, are seen as an adaptation of the famous dollar auction and as ?the evil …

in Seattle in August 2000. We discuss the strong connections between auction theory and 'standard' economic theory, and … argue that auction-theoretic tools and intuitions can provide useful argument and insights in a broad range of mainstream …

depending on the item´s value, bid fee and price increment. The data from the Czech leading auction site Bonus.cz were chosen …

agency can undermine both revenues and efficiency of the generalized second price auction, the format used by Google and … and the case of agency bidding under an alternative auction format (specifically, the VCG mechanism). We propose a simple … algorithm that a search engine can use to reduce efficiency and revenue losses. …

product listings with targeted variation in pricing and auction design. We use these matched listings to measure the … dispersion in auction prices for identical goods sold by the same seller, to estimate nonparametric auction demand curves, to …