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We analyze how sellers of used construction equipment sort products between online and offline auctions based on the … all attributes is unrelated to auction choice, meaning standard tests of adverse selection can mask the subtle but …
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Wine consumers have mainly relied upon prices and professional critics’ reviews to infer wine quality. Crowdsourcing … wine reviewers and averaging their ratings. We assess how well the 'wisdom of the wine-loving crowds' matches the … 'conventional wisdom' of the wine-world by analyzing approximately 85,000 Vivino ratings for a portfolio of Bordeaux red wines. We …
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