We investigate experimentally on eBay how sellers set prices in "Buy-It-Now" (BIN) auctions. We find that the eBay … information available on eBay about buyer experience and bidding behavior correlates with the observed price deviation. Sellers … does not effect their price decisions. Compared to an eBay auction without a BIN-price, the BIN-auction is more efficient …

This paper introduces cultural gravity as a new concept for analyzing socio-economic disparities among immigrants. It … tests the existence of cultural gravity effects on the geographic concentration and human capital productivity of immigrants …. Using cultural distance as a proxy for the local cultural gravity potential, the paper seeks to capture empirical evidence …