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Internet auctions are common in nearly all consumer categories. Hence, it is not surprising that a great deal of research has emerged on the topic in recent years. New design and format considerations and a wealth of available data from various platforms provide new questions and promising...
Persistent link: https://www.econbiz.de/10010693754
Purpose – Online auctions have attracted emotional shoppers through exciting shopping processes such as searching and bidding. The recreational and emotional worth of online auction shopping forces auction retailers to develop tailored strategies for their consumers. To this end, this study...
Persistent link: https://www.econbiz.de/10014722880
With the rise of e-commerce, online payment service providers, such as PayPal, have proven to be an effective tool for online transactions. A personal interview of 190 semi-professional and professional working adults within the metropolitan area of Pittsburgh, PA, derived from several companies...
Persistent link: https://www.econbiz.de/10008539389
This study focuses on consumer assessment of online auction in China using Taobao.com as a typical case. With an attempt to provide a theoretical framework for consumer evaluation of online auction business there, a research instrument, E-auction Web Assessment Method (E-auction WAM), was...
Persistent link: https://www.econbiz.de/10008539403
In this article, fixed-price and standard second-price English online auctions are combined in a pricing format that offers customers the option of ending an auction at the 'buy-it-now' (BIN) price. The decision problems of both the customer (bidder) and the seller are discussed, focusing on the...
Persistent link: https://www.econbiz.de/10008539555
Electronic commerce has grown extraordinarily over the years, with online auctions being extremely successful forms of trade. Those auctions come in a variety of different formats, such as the Buy-It-Now auction format on eBay, that allows sellers to post prices at which buyers can purchase a...
Persistent link: https://www.econbiz.de/10008497035
This article is an experimental investigation on decision making in online auction markets. We focus on a widely used format, the Buy-It-Now auction on eBay, where sellers post prices at which buyers can purchase a good prior to an auction. Even though, buyer behavior is well studied in...
Persistent link: https://www.econbiz.de/10008472117
The increasing quantity of items bough and sold over the internet led to the success of internet auctions, to the introduction of new auction rules and the creation of new businesses and merger among existing ones. In this paper, we present a description of existing internet auction rules and...
Persistent link: https://www.econbiz.de/10005134469
With this study, we contribute to the literature of auction design by presenting a new auction format: the Candle auction, a popular auction in the Middle Ages. Considering a common value framework, we theoretically and experimentally point out that the Candle auction, where bidding is allowed...
Persistent link: https://www.econbiz.de/10005004089
Bidding in the last seconds or minutes of an auction is a common strategy in Internet auctions with fixed end-times. This paper examines the three explanations of late bidding in eBay auctions that survived the first scrutiny in Roth and Ockenfels (2002). There is no indication that late bidding...
Persistent link: https://www.econbiz.de/10005060069