Grebe, Tim; Ivanova-Stenzel, Radosveta; Kröger, Sabine - 2019
information available on eBay about buyer experience and bidding behavior correlates with the observed price deviation. Sellers … format leads to prices substantially below those expected in second-price auctions. Moreover, our results reveal that the … respond strategically to this information. More experienced sellers ask for higher BIN-prices, whereas seller risk aversion …