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 …

-price auction. Before the contest, a fixed number of innovators is selected in an entry auction, in order to address the adverse …

There is a great deal of late bidding on internet second price auctions. We show that this need not result from either … have a fixed end time. A natural experiment is available because the auctions on Amazon, while operating under otherwise … passed without a bid. The strategic differences in the auction rules are reflected in the auction data by significantly more …

There is a great deal of late bidding on internet second price auctions. We show that this need not result from either … have a fixed end time. A natural experiment is available because the auctions on Amazon, while operating under otherwise … passed without a bid. The strategic differences in the auction rules are reflected in the auction data by significantly more …