Various buy-price options occupy a significant portion of transactions in major online auction sites, although their fixed-price attribute seems to run counter to the virtue of the auction mechanism. To investigate their influence on the behavior of bidders and sellers, we examine auctions at Yahoo! and eBay in the presence of competing fixed-price markets. The analysis of the equilibrium strategies of auction participants reveals some intriguing points including the fact that totally ineffective fixed-price markets make buy-price options unnecessary to sellers. Additionally, the durations and the expected revenue of auctions are compared to illuminate sellers
We consider competition between sellers offering similar items in concurrent online auctions through...
In an auction with a buy price, the seller provides bidders with an option to end the auction early ...
This paper proposes a unied framework to completely characterize the sellers' optimal listing s...
Internet auctions on eBay and Yahoo allow sellers to list their auctions with a “buy-now ” option. I...
Internet Auction is a one of the most successful e-Commerce markets. Recently, it has been reported ...
With a laboratory experiment, we study the impact of buy-options and the corresponding buy-price on ...
In an auction with a buy price, the seller provides bidders with an option to end the auction early ...
The theoretical and empirical study of auctions is of importance to economists as it provides unique...
eBay and Yahoo allow sellers to list their auctions with a buy price at which a bidder may purchase ...
Recently fixed pricing and auctions have been brought together in a new pricing format that offers b...
Online markets are becoming increasingly prevalent and extend to a wide variety of areas such as e-c...
We investigate the equilibrium market structure on competing online auction sites such as those of e...
With the rise of the Internet, the use of auctions has become increasingly prevalent. Nowadays, cons...
Motivated by the emergence of online penny or pay-to-bid auctions, in this study, we analyze the ope...
Online auctions have emerged as a major opportunity for individuals to start businesses or for estab...
We consider competition between sellers offering similar items in concurrent online auctions through...
In an auction with a buy price, the seller provides bidders with an option to end the auction early ...
This paper proposes a unied framework to completely characterize the sellers' optimal listing s...
Internet auctions on eBay and Yahoo allow sellers to list their auctions with a “buy-now ” option. I...
Internet Auction is a one of the most successful e-Commerce markets. Recently, it has been reported ...
With a laboratory experiment, we study the impact of buy-options and the corresponding buy-price on ...
In an auction with a buy price, the seller provides bidders with an option to end the auction early ...
The theoretical and empirical study of auctions is of importance to economists as it provides unique...
eBay and Yahoo allow sellers to list their auctions with a buy price at which a bidder may purchase ...
Recently fixed pricing and auctions have been brought together in a new pricing format that offers b...
Online markets are becoming increasingly prevalent and extend to a wide variety of areas such as e-c...
We investigate the equilibrium market structure on competing online auction sites such as those of e...
With the rise of the Internet, the use of auctions has become increasingly prevalent. Nowadays, cons...
Motivated by the emergence of online penny or pay-to-bid auctions, in this study, we analyze the ope...
Online auctions have emerged as a major opportunity for individuals to start businesses or for estab...
We consider competition between sellers offering similar items in concurrent online auctions through...
In an auction with a buy price, the seller provides bidders with an option to end the auction early ...
This paper proposes a unied framework to completely characterize the sellers' optimal listing s...