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their auction end at the evening, when many potential buyers may be online. …
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auction model in which a seller's choice of reserve price signals her private information about the object's quality. We show …. We estimate the reserve price signaling model using a novel dataset from a large online auto auction platform. We find …
Persistent link: https://www.econbiz.de/10013242047
‐price option. While the optimal buy‐price in the second price is higher than are those in the first‐price all‐pay auction, both …
Persistent link: https://www.econbiz.de/10014109662
We present an empirical investigation of the role of marketing agencies in Google's online ad auctions. By combining data on advertisers' affiliation to marketing agencies with data on bidding in ad auctions, we analyze how changes in the concentration of clients in the same industry under the...
Persistent link: https://www.econbiz.de/10012946075
We investigate the generalized second price auction (GSP), a new mechanism which is used by search engines to sell … properties of GSP in a dynamic environment, we describe the generalized English auction that corresponds to the GSP and show that …
Persistent link: https://www.econbiz.de/10014027387
auctions and the impact of additional bidders on the auction price. We test for winner's curse and examine how secret reserve … prices impact both bidding activity and the auction price. In our data set, the number of bidders varies widely from zero in … on the comic being auctioned and attributes of the seller and auction such as third party certification of the comic …
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A human subject laboratory experiment compares the real-time market performance of the two most popular auction formats … configurations and is statistically significant in most treatments. Revenue capture tends to be similar across auction formats in …
Persistent link: https://www.econbiz.de/10011429743
A human subject laboratory experiment compares the real-time market performance of the two most popular auction formats … configurations and is statistically significant in most treatments. Revenue capture tends to be similar across auction formats in …
Persistent link: https://www.econbiz.de/10011433875