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their auction end at the evening, when many potential buyers may be online. …
Persistent link: https://www.econbiz.de/10010365875
Shill bidding is a fraudulent in-auction strategy where a seller participates as a bidder in his own auctions. This is …
Persistent link: https://www.econbiz.de/10010373309
A human subject laboratory experiment compares the real-time market performance of the two most popular auction formats … configurations and is statistically significant in most treatments. Revenue capture tends to be similar across auction formats in …
Persistent link: https://www.econbiz.de/10011429743
A human subject laboratory experiment compares the real-time market performance of the two most popular auction formats … configurations and is statistically significant in most treatments. Revenue capture tends to be similar across auction formats in …
Persistent link: https://www.econbiz.de/10011433875
Along the standard measures of price dispersion, this paper proposes a new method, the residual variance model, to examine the levels of price and price variation within and across 10 kinds of physically identical products on eBay UK. The results find that the price levels and price dispersions...
Persistent link: https://www.econbiz.de/10011523675
In eBay s Buy-it-Now auctions sellers can post prices at which buyers can purchase a good prior to an auction. We study … predictions of a model by combining the real auction environment (eBay auction platform and eBay traders) with the techniques of … lab experiments. We observe that the eBay auction format supports deviations from truthful bidding leading to auction …
Persistent link: https://www.econbiz.de/10010491157
the study indicate that studies are addressing especially five main areas, i.e., suitability of electronic reverse auction …
Persistent link: https://www.econbiz.de/10012168678
number of participants at each auction is observed. From this bound, however, we establish nonparametric identification of … the arrival process of bidders-the process that matches potential buyers to auction listings - which then allows us to …
Persistent link: https://www.econbiz.de/10011801575
auction. We analyse experimentally how eBay sellers set BIN prices and whether they benefit from offering them. Using the real … eBay environment in the laboratory, we find that the eBay auction format supports deviations from truthful bidding leading … to auction prices substantially below those expected in second-price auctions. Our results reveal that the observed price …
Persistent link: https://www.econbiz.de/10011902715
auction outcomes. To establish causality, we exploit multiple discontinuities in the relationship between reserve prices and … vehicle characteristics to present RD estimates of reserve price effects on auction outcomes. Our first set of results show … that, in line with the robust predictions of auction theory, an increase in reserve price decreases the number of bidders …
Persistent link: https://www.econbiz.de/10008688876