April 2002 This article surveys empirical findings from recent studies of Internet auctions and summarizes the economic insights gained from these findings. The main questions addressed in this article are: What are the rules of the game used in online auctions and how do these rules influence bidding behavior, such as sniping or bid shading? Is a good reputation, as measured by a seller’s feedback, valued by bidders and is feedback important in making online markets function well? Is the “winner’s curse” present in online auctions? How do minimum bids and secret reserve prices affect bidding and final sale prices? Working Papers Index
Online second-price auctions with a hard stop such as those in eBay have raised interesting research...
Principal Topic: Online auctions have emerged as a major opportunity for individuals to start busine...
The theoretical and empirical study of auctions is of importance to economists as it provides unique...
The economic literature on online auctions is rapidly growing, because the enormous amount of freely...
The current study attempts to answer the questions of whether and to what degree bidding strategies ...
Internet auctions are common in nearly all consumer categories. Hence, it is not surprising that a g...
Past studies have confirmed the importance of reputation in online auction. However, the marginal re...
Online auctions have emerged as a major opportunity for individuals to start businesses or for estab...
Online auction has become an intriguing new type of economic exchange mechanism. Given that Internet...
With the rise of the Internet, the use of auctions has become increasingly prevalent. Nowadays, cons...
This dissertation investigates three characteristics of online auctions. The first chapter investiga...
We investigate premium bidding in online auctions, where an item receives a higher bid than other id...
Based on eBay auctions of classic comic books, we explore what attracts bidders to individual online...
Since the extensive diffusion of the World Wide Web, on-line auctions have proliferated. This paper ...
My dissertation discusses a mechanism that thwarts sniping and improves efficiency in ascending Inte...
Online second-price auctions with a hard stop such as those in eBay have raised interesting research...
Principal Topic: Online auctions have emerged as a major opportunity for individuals to start busine...
The theoretical and empirical study of auctions is of importance to economists as it provides unique...
The economic literature on online auctions is rapidly growing, because the enormous amount of freely...
The current study attempts to answer the questions of whether and to what degree bidding strategies ...
Internet auctions are common in nearly all consumer categories. Hence, it is not surprising that a g...
Past studies have confirmed the importance of reputation in online auction. However, the marginal re...
Online auctions have emerged as a major opportunity for individuals to start businesses or for estab...
Online auction has become an intriguing new type of economic exchange mechanism. Given that Internet...
With the rise of the Internet, the use of auctions has become increasingly prevalent. Nowadays, cons...
This dissertation investigates three characteristics of online auctions. The first chapter investiga...
We investigate premium bidding in online auctions, where an item receives a higher bid than other id...
Based on eBay auctions of classic comic books, we explore what attracts bidders to individual online...
Since the extensive diffusion of the World Wide Web, on-line auctions have proliferated. This paper ...
My dissertation discusses a mechanism that thwarts sniping and improves efficiency in ascending Inte...
Online second-price auctions with a hard stop such as those in eBay have raised interesting research...
Principal Topic: Online auctions have emerged as a major opportunity for individuals to start busine...
The theoretical and empirical study of auctions is of importance to economists as it provides unique...