Auction fever is a multifaceted phenomenon thatis frequently observed in both traditional and Internetauctions. In order to gain a better understanding of itscauses, we develop a conceptual framework to analyzeemotions in auctions, which is based on an exhaustiveliterature review. The framework...

Recent research strengthens the conjecture that human decision-making stems from a complexinteraction of rational judgment and emotional processes. A prominent example of the impact ofemotions in economic decision-making is the effect of regret-related information feedback on biddingbehaviour in...

Auctions are nowadays a popular and frequently employed market mechanism in electronicmarkets. In economic literature, the success of electronic auctions has been largelyattributed to the reduction of transaction costs, the large number of potential buyers,and the independence of time and space....