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generalized second price auctions. However, such an auction or mechanism could be considered unfair if similar consumers are …
Persistent link: https://www.econbiz.de/10012503803
Using a unique dataset of art auctions on eBay, we conduct an empirical analysis of the value of a seller's online reputation. Several aspects distinguish our work from most existing research. We analyze a heterogeneous panel data consisting of a large number of observations over a large period...
Persistent link: https://www.econbiz.de/10014047588
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
Retailers selling items through Internet auctions frequently use buy-now prices (BNPs), which allow the immediate selling of an item to consumers at a fixed price. Previous research has proposed several theories of the usage of BNPs by bidders. We study the usage of BNPs from a seller's point of...
Persistent link: https://www.econbiz.de/10014028181
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
the study indicate that studies are addressing especially five main areas, i.e., suitability of electronic reverse auction …
Persistent link: https://www.econbiz.de/10012168678
) Competition increases the chances of using crowdfunding compared to the monopoly case; 5) A non-monotonic relationship exists …
Persistent link: https://www.econbiz.de/10012840769
auction model. This is an informal marketplace and has been developed by Facebook users. The paper considers the single object … demand case. In the end, the paper explains the model empirically. The interesting part of this auction process is that both …. The paper gives a mechanism to sell the indivisible object in an asymmetry auction. Especially, tries to answer the …
Persistent link: https://www.econbiz.de/10013217415