Internet auctions have recently gained widespread popularity and are one of the most successful forms of electronic … behavior and that bidding activity is concentrated at the end of the auction. We then develop new econometric techniques to … find that for a representative auction in our sample, a bidder's expected profits fall by 3.2 percent when the expected …

Internet auctions have recently gained widespread popularity and are one of the most successful forms of electronic …

We present results of several experiments that deal with endogenous entry in auctions and auction valuation. One … compare different auction mechanisms. This highlights the need for new experimental procedures to be used for testing theories … that involve endogenous auction entry in the laboratory …