Showing 31 - 40 of 95,133
as auction mechanisms are being explored in more depth. The typical data utilized in such studies involves repeated … measures of auction outcomes, where the variable of interest involves order statistics from the sample of bids from many bids … computer monitor auctions. We exploit characteristics of such repeated measures to analyze the efficiency of private value …
Persistent link: https://www.econbiz.de/10014201221
Researchers and experts have typically viewed electronic auctions (such as those implemented by eBay, Amazon, and Yahoo!) as either oral, ascending-price (English) auctions or second-price, sealed-bid (Vickrey) auctions. I show that significant differences exist, both theoretical and practical,...
Persistent link: https://www.econbiz.de/10014214033
buyer side of online reverse auctions, which leads to guidelines for improving the efficiency of online marketplaces …
Persistent link: https://www.econbiz.de/10014047364
auction marketplaces. However, as bidders for practicals may easily find the same goods elsewhere, it is likely that they bid … that a bidder will find goods identical to an auctioned item elsewhere. Based on the model and relevant actual auction data … of small auction-based online marketplaces as well as for a caveat to sellers in using promotional options …
Persistent link: https://www.econbiz.de/10014056687
At Internet auction sites like eBay, similar goods are often sold in a sequence of auctions, separated by small amounts …
Persistent link: https://www.econbiz.de/10014029703
An increasing number of commercial companies are using online reverse auctions for their sourcing activities. In reverse auctions, multiple suppliers bid for a contract from a buyer for selling goods and/or services. Usually, the buyer has to procure multiple items, which are typically divided...
Persistent link: https://www.econbiz.de/10014029922
advertise with a novel model of demand in an auction market environment. Because we explicitly model the process of arrival of …
Persistent link: https://www.econbiz.de/10014026722
We study actual bidding behavior when a new auction format gets introduced into the marketplace. More specifically, we … study regression estimates indicate that, immediately after the auction format change, the revenue per sold impression …-treatment price level of the treatment group. Further, we observe that in later auction format changes the increase in the price …
Persistent link: https://www.econbiz.de/10013307293
costs” and examine the optimal keyword auction mechanisms (KAMs) in a general model that takes into account advertiser … auction designs and hold implications for search engines, advertisers, and Internet users …
Persistent link: https://www.econbiz.de/10014044406
This study investigates the reference price effect of historical price lists - which are provided in the auction … for range theory. Specifically, the maximum price on the historical price list positively impacts the auction ending price …
Persistent link: https://www.econbiz.de/10014262855