trade at a fixed price before an auction. In the "Buy-It-Now" format, the seller offers a price prior to the auction … selection effect of their own price offer in the BIN format coud benefit from giving up bargaining power by using the "Sell …

In Buy-It-Now auctions, sellers can post a take-it-or-leave-it price offer prior to an auction. While the literature …

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 on eBay are lower than the ones reported in the prior literature …

-submodular in income and type. We then show that when bidders are risk averse (preferring), the equilibrium price sequences should … the Vickrey sequential auctions. In particular, the "declining price anomaly" is perfectly consistent with nonincreasing …

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 …

Reverse auctions are considered a fast and inexpensive price discovery tool to award procurement contracts and it is … reverse auction. Shares are allocated endogenously, depending on the suppliers ́bids. The procedure obtains dual sourcing by … assigning positive shares to the two most competitive bids and uses discarded bids to endogeneize the reserve price. In …

at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price … prior to the auction; whereas in the "Sell-It-Now" format, it is the buyer. Both formats are extensively used in online and … auction. …

at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price … prior to the auction; whereas in the "Sell-It-Now" format, it is the buyer. Both formats are extensively used in online and … auction. …

This paper provides research into the effects of product class and seller reputation on price-setting in online … auctions. Sellers may offer price information to potential bidders through buy-now prices (BNPs) and starting prices (SPs). In … two experiments, the authors show that for products with values that are difficult to assess, such price information …