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This research proposes to gain an insight into online bidding behavior, by defining a typology based on decisions that bidders have to make during an auction, whose keywords are certainly: when? How? How much? Results, based on Air France online auctions (B2C airline tickets auctions with a soft...
Persistent link: https://www.econbiz.de/10005559970
Reputation systems become an essential component of e‐commerce because they can distinguish between honest and dishonest participants in the digital market. However, existing reputation systems are too simple to reflect accurately user trustworthiness. To improve existing schemes, this paper...
Persistent link: https://www.econbiz.de/10011193903
While much is known about optimal design of auctions within the context of a single item for sale, little is known about optimal design of large platform markets like eBay and auto auction houses that house large numbers of concurrent auctions. We attempt a macro-level empirical market design...
Persistent link: https://www.econbiz.de/10011141096
Purpose – This paper aims to investigate the presence of varying price points on the impact of product valuations in both English and reverse auctions on potential bidders, that is, those not yet engaged in the auction. Internet auctions, both English style and reverse, constitute one of the...
Persistent link: https://www.econbiz.de/10014897014
Purpose – The purpose of this paper is to determine whether online bidders adjust their offers downward to compensate for shipping fees; whether shipping fees affect the number of bids in an auction, and thus indirectly influence winning bid prices; and whether experienced bidders more fully...
Persistent link: https://www.econbiz.de/10014905402
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/10011599112
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