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In Buy-It-Now (BIN, hereafter) auctions, sellers can make a "take-it-or-leave-it" price offer (BIN price) prior to an auction. We analyse experimentally how eBay sellers set BIN prices and whether they benefit from offering them. Using the real eBay environment in the laboratory, we find that...
Persistent link: https://www.econbiz.de/10011902715
We investigate experimentally on eBay how sellers set prices in "Buy-It-Now" (BIN) auctions. We find that the eBay format leads to prices substantially below those expected in second-price auctions. Moreover, our results reveal that the information available on eBay about buyer experience and...
Persistent link: https://www.econbiz.de/10012309640
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Knowledge about the prevalence of doping in recreational sports is still limited and fragmented. The same holds true for explanations of doping prevalence rates among different groups. One of the few theoretical models that exists uses the concept of consumer capital based on Stigler and...
Persistent link: https://www.econbiz.de/10014284388
The classical Uncertainty of Outcome Hypothesis (UOH) informs economists' understanding consumer decisions to attend sporting events and models of team revenue generation. Coates, Humphreys and Zhou (2014) developed a reference dependent preference based consumer choice model under uncertainty...
Persistent link: https://www.econbiz.de/10012976940
As in many industry sectors, in professional sports, no-shows increasingly pose a significant challenge to the management. Previous research has established that spectator no-show behavior is widespread among season ticket holders, in particular, but the specific antecedents of such behavior...
Persistent link: https://www.econbiz.de/10013211815
In this article, we contribute to the emerging literature on the potential determinants of football spectator no-show behavior by analyzing disaggregated data capturing season ticket holder (STH) behavior outside the German market for the first time. Intriguingly, our empirical analysis of a...
Persistent link: https://www.econbiz.de/10013246179
An attendance model is specified for the Canadian Hockey League (CHL), the top level of junior hockey in Canada with some teams located in the United States. The natural log of attendance is used as the dependent variable, with explanatory variables consisting of the timing of the game, team...
Persistent link: https://www.econbiz.de/10012038517
For football executives, understanding the determinants of spectator no-show behavior better is of utmost importance. Recent research efforts, however, have primarily focused on exploring the potential effects of determinants that the club management can hardly influence (e.g., potential...
Persistent link: https://www.econbiz.de/10012430800