at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price … prior to the auction; whereas in the "Sell-It-Now" format, it is the buyer. Both formats are extensively used in online and … auction …

In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to … asking price and that this offer may be accepted if the seller receives no better offers. Despite their prevalence in a … environment with a few simple, realistic ingredients and demonstrate that using an asking price is optimal: it is the pricing …

provenance of the artwork, omitted variables in most previous studies, seem to be more important determinants of the sale price … in predicting whether or not an artwork sells at auction, (3) there is little supporting evidence for the widespread …;), although (4) there is strong evidence in our data for the declining price anomaly, or quot;afternoon effect.quot …

seller types: "the good" choose fair prices and behave consumer-friendly; "the bad" mimic the good types' price-setting, but …

to a consumer first, whereupon the consumer can express her trust by paying an interaction price before the expert …