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Different mechanisms through which easier access to physical stores could affect customers’ online purchase behavior are not well understood in the literature. We use customer-level data of a large apparel retailer to estimate the treatment effect of store openings on the online purchase...
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Much of the prominent literature describing behavior in eBay-like marketplaces emphasizes the successful use of “sniping” agents that wait until the last moments of an auction to bid (truthfully) on behalf of a human user. These agents fare well against “naïve” agents (typically assumed...
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This research uses functional data modelling to study the price formation process of online auctions. It conceptualizes the price curve and its first and second derivatives(velocity and acceleration respectively) as the primary objects of interest. Together these three functional objects permit...
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