trade. Those auctions come in a variety of different formats, such as the Buy-It-Now auction format on eBay, that allows … sellers to post prices at which buyers can purchase a good prior to the auction. Even though, buyer behavior is well studied … auction market (the eBay platform and eBay traders) with the techniques of lab experiments. We find a striking link between …

from auction experiments. The results show that external information affects the purchase behaviour of consumers …. -- GM food ; purchase behaviour ; external information ; auction experiments …

We analyze the rationale for hiding information in open auction formats. In particular, we focus on the incentives for …

bidders account for this trade-off, using a sequential procurement auction with private cost information and varying …