English, Article, Journal or magazine article edition: Cyberspace Auctions and Pricing Issues: A Review of Empirical Findings Patrick Bajari; Ali Hortacsu

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Bookmark: http://trove.nla.gov.au/version/142838
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Cyberspace Auctions and Pricing Issues: A Review of Empirical Findings
Author
  • Patrick Bajari
  • Ali Hortacsu
Physical Description
  • preprint
Notes
  • 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
  • RePEc:wop:stanec:02005
Language
  • English
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