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We study auctions in which the number of potential bidders is large, such as in Internet auctions. With numerous … Internet auctions. …
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Internet auctions, such as those on eBay, are known for multiple bidding and sniping. Buyers send bids in the closing … times at the same auction. We model Internet auction as a dynamic multi-unit auction. This let us explain the rationality of … both sniping and multiple bidding. By submitting multiple bids, buyers co-ordinate between auctions, so that all objects …
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Internet auctions, such as those on eBay, are known for multiple bidding and sniping. Buyers send bids in the closing … times at the same auction. We model Internet auction as a dynamic multi-unit auction. This let us explain the rationality of … both sniping and multiple bidding. By submitting multiple bids, buyers co-ordinate between auctions, so that all objects …
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