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does not effect their price decisions. Compared to an eBay auction without a BIN-price, the BIN-auction is more efficient … format leads to prices substantially below those expected in second-price auctions. Moreover, our results reveal that the … information available on eBay about buyer experience and bidding behavior correlates with the observed price deviation. Sellers …
Persistent link: https://www.econbiz.de/10012309640
costly, auction platforms often allow sellers to make a "secondchance" offer to the second highest bidder, to buy at the bid … price of this bidder, and let sellers leave negative feedback on buyers who fail to pay. We show theoretically that, all … addition, buyer reputation systems create a strategic effect that rewards bidders who have a reputation for defaulting, counter …
Persistent link: https://www.econbiz.de/10012438089
This paper analyzes volatility spillovers in multivariate GARCH-type models. We show that the cross-effects between the conditional variances determine the persistence of the transmitted volatility innovations. In particular, the influence of a foreign volatility innovation on a conditional...
Persistent link: https://www.econbiz.de/10010341118
Persistent link: https://www.econbiz.de/10010400113
refarmed for 4G uses since the late 2013. Likewise, the 2600 MHz frequencies are now considered for 4G auction in late this … bandwidths of digital dividend, the US Federal Communication Commission (FCC) proposed incentive auction in hopes of compensating … delay implies that incentive auction seems theoretically plausible but may not realistically feasible. Therefore, this study …
Persistent link: https://www.econbiz.de/10011526332
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procurements in the Netherlands, and relates to public open procurements of civil work posted by municipalities in the first half …
Persistent link: https://www.econbiz.de/10011574906
Persistent link: https://www.econbiz.de/10012174522
Persistent link: https://www.econbiz.de/10012170971
This paper explores the effects of different variables on the price paid for the spectrum by Mobile Service Providers … Price/MHz/pop, commonly used in the industry to compare prices across bands and markets. The results show that the most … prediction errors are around 10%. Even if accuracy is not high, the model provides a valid range of price estimates in which real …
Persistent link: https://www.econbiz.de/10011777918