Showing 1 - 10 of 11,464
In Buy-It-Now (BIN, hereafter) auctions, sellers can make a "take-it-or-leave-it" price offer (BIN price) prior to an … to auction prices substantially below those expected in second-price auctions. Our results reveal that the observed price … deviations are not an artefact due to the existence of the BIN price, rather a consequence of the specific features of the eBay …
Persistent link: https://www.econbiz.de/10011902715
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 bidding behavior correlates with the observed price deviation. Sellers … does not effect their price decisions. Compared to an eBay auction without a BIN-price, the BIN-auction is more efficient …
Persistent link: https://www.econbiz.de/10012309640
Temporary price reductions (sales) are quite common for many goods and usually result in an increase in the quantity …
Persistent link: https://www.econbiz.de/10014029557
When a firm is able to recognize its previous customers, it may use information about their purchase histories to price …
Persistent link: https://www.econbiz.de/10013069121
We develop a structural model of retail store choices for which household shopping plans and price beliefs are … are determined by their shopping plans and price beliefs. Previous studies use realized purchases as a proxy for … unobserved shopping lists and also assume homogenous price expectation across all households over the entire sample period. Our …
Persistent link: https://www.econbiz.de/10012973734
Manufacturers frequently post non-binding public price recommendations, but neither the rationale for this practice nor …
Persistent link: https://www.econbiz.de/10013008134
This paper studies the effect of consumer myopia on the interplay between core and side downstream markets in monopoly and duopoly platforms. Our results highlight the relevance of consumer myopia in strategic platform decisions
Persistent link: https://www.econbiz.de/10013232332
also suggest that airline price dispersion increases with the intensity of competition. …
Persistent link: https://www.econbiz.de/10012251366
Existing literature that argues for the prevalence of price premiums is examined. An evaluation of an extant model … boundary conditions, linking buyer, seller and market factors to the magnitude of price premiums that should be available …
Persistent link: https://www.econbiz.de/10014076648
can explain 65% of this price premium with differences in income, education, and search costs; we find no evidence of … control for selection. The combination of our results suggests that price discrimination in car buying has a "disparate impact …
Persistent link: https://www.econbiz.de/10014034594