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trade at a fixed price before an auction. In the "Buy-It-Now" format, the seller offers a price prior to the auction …
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We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we … confront subjects after a first auction series with apositive or negative random economic shock. We then explore the relation … between emotions andbidding behavior in a second auction series. Our main results are: (i) the economic shock has asubstantial …
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their auction end at the evening, when many potential buyers may be online. …
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auction with an additional buyer is conducted. The theoretical model predicts that with risk neutral agents all sales take … place in the auction rendering the negotiation prior to the auction obsolete. An experimental test of the model provides …
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Shill bidding is a fraudulent in-auction strategy where a seller participates as a bidder in his own auctions. This is …
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