Yvonne, Durham; R, Roelofs Matthew; S, Standifird Stephen - In: The B.E. Journal of Economic Analysis & Policy 4 (2004) 1, pp. 1-24
This paper utilizes field experiment methodology and market data to study the "Buy-it-Now" (BIN) function in a series of eBay coin auctions. BIN auctions are typically listed by sellers with higher reputations. The probability an auction will end BIN increases with seller reputation and is not...