Gallien, Jérémie; Gupta, Shobhit - In: Management Science 53 (2007) 5, pp. 814-833
Buyout options allow bidders to instantly purchase at a specified price an item listed for sale through an online auction. A temporary buyout option disappears once a regular bid is submitted, whereas a permanent option remains available until it is exercised or the auction ends. Such buyout...