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 …

In second price internet auctions with a fixed end time, such as those on eBay, many bidders 'snipe', i.e., they submit … their bids in the closing minutes or seconds of an auction. Late bids of this sort are much less frequent in auctions that … second price internet auctions, in which very late bids have a positive probability of not being successfully submitted, and …

In second price internet auctions with a fixed end time, such as those on eBay, many bidders snipe , i.e., they submit … their bids in the closing minutes or seconds of an auction. Late bids of this sort are much less frequent in auctions that … second price internet auctions, in which very late bids have a positive probability of not being successfully submitted, and …