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Persistent link: https://www.econbiz.de/10005533244
At online auction platforms we often observed that substitutable goods are auctioned concurrently with auctions ending at the same time. I introduce an experimental setup of three sellers and four buyers in an ascending second price auction environment where every seller runs one auction with a...
Persistent link: https://www.econbiz.de/10005533248
Online auction platforms like eBay provide a wide range of auctions containing substitutable goods. Some of these auctions exhibit parallel elements which means that two or more auctions run side by side for a certain time. Experiments have shown that multiple auctions ending at the same time,...
Persistent link: https://www.econbiz.de/10005533257