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 …

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 …

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 …

We consider a procurement auction, where each supplier has private costs and submits a stepped supply function. We … solve for a Bayesian Nash equilibrium and show that the equilibrium has a price instability in the sense that a minor change … in a supplier's cost sometimes result in a major change in the market price. In wholesale electricity markets, we predict …

In an auction-style listing at eBay, sellers have the option to set a posted price (also known as buy-it-now price …), which allows buyers to instantly purchase an item before the start of the auction. This paper provides a rationale for such … buyers buy the item before the start of the auction. In the case of a single seller with many items for sale, this not only …