Easley, Robert F.; Tenorio, Rafael - EconWPA - 1999
A bidding strategy commonly observed in Internet auctions, though not frequently in live auctions, is that of "jump … with entering on-line bids and the uncertainty concerning bidding competition -- both of which distinguish Internet from … on- line trading, the Yankee Auctionâ. We then present evidence recorded from hundreds of Internet auctions that is …