Ariely, Dan; Ockenfels, Axel; Roth, Alvin E. - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002
A great deal of late bidding has been observed on internet auctions such as ebay, which employ a second price auction … with a fixed deadline. Much less late bidding has been observed on internet auctions such as those run by Amazon, which … the different ending rules under controlled conditions, without the other differences between internet auction houses that …