We find sale prices and net revenues received by sellers in the Midwestern club-pig market are higher at traditional face-to-face auctions than at comparable Internet auctions. The comparison overcomes endogenous selection issues that commonly plague such analyses by using data from sellers that allocated pigs to both markets based on exogenous differences in dates between online and offline auctions.Auction theory suggests that the higher prices and net revenues from traditional auctions are attributable to remaining differences in auction format and buyer characteristics
Online auction has become an intriguing new type of economic exchange mechanism. Given that Internet...
We run a large field experiment with an online company specializing in selling used automobiles via ...
The growth of auctions on the Internet raises new theoretical questions, provides a wealth of data o...
We find sale prices and net revenues received by sellers in the Midwestern club pig market are highe...
ABSTRACT: According to common sense and economic theory, farmers, along with all other vendors, are...
Internet auctions are common in nearly all consumer categories. Hence, it is not surprising that a g...
Internet auction platforms are changing the face of transactions in many business sectors, including...
Online auctions have emerged as a major opportunity for individuals to start businesses or for estab...
We consider a recent business and policy question of "how and why does a firm use online markets ver...
The current study presents emerging evidence of the heterogeneities of dispersion in price and numbe...
In this paper, we report the results of an extensive study comparing the price paid in 473 online au...
Since the extensive diffusion of the World Wide Web, on-line auctions have proliferated. This paper ...
Electronic markets have been suggested as one means of reducing impacted pricing problems associated...
Traditionally, the posted-price based electronic catalog process has served as the mechanism of choi...
We provide a systematic examination of the differences between Internet and in-person auction prices...
Online auction has become an intriguing new type of economic exchange mechanism. Given that Internet...
We run a large field experiment with an online company specializing in selling used automobiles via ...
The growth of auctions on the Internet raises new theoretical questions, provides a wealth of data o...
We find sale prices and net revenues received by sellers in the Midwestern club pig market are highe...
ABSTRACT: According to common sense and economic theory, farmers, along with all other vendors, are...
Internet auctions are common in nearly all consumer categories. Hence, it is not surprising that a g...
Internet auction platforms are changing the face of transactions in many business sectors, including...
Online auctions have emerged as a major opportunity for individuals to start businesses or for estab...
We consider a recent business and policy question of "how and why does a firm use online markets ver...
The current study presents emerging evidence of the heterogeneities of dispersion in price and numbe...
In this paper, we report the results of an extensive study comparing the price paid in 473 online au...
Since the extensive diffusion of the World Wide Web, on-line auctions have proliferated. This paper ...
Electronic markets have been suggested as one means of reducing impacted pricing problems associated...
Traditionally, the posted-price based electronic catalog process has served as the mechanism of choi...
We provide a systematic examination of the differences between Internet and in-person auction prices...
Online auction has become an intriguing new type of economic exchange mechanism. Given that Internet...
We run a large field experiment with an online company specializing in selling used automobiles via ...
The growth of auctions on the Internet raises new theoretical questions, provides a wealth of data o...