eBay environment in the laboratory, we find that the eBay auction format supports deviations from truthful bidding leading … auction. We analyse experimentally how eBay sellers set BIN prices and whether they benefit from offering them. Using the real … to auction prices substantially below those expected in second-price auctions. Our results reveal that the observed price …

information available on eBay about buyer experience and bidding behavior correlates with the observed price deviation. Sellers … does not effect their price decisions. Compared to an eBay auction without a BIN-price, the BIN-auction is more efficient …

lab experiments. We observe that the eBay auction format supports deviations from truthful bidding leading to auction … level that eBay auction prices deviate from prices based on true value bidding. Sellers adjust their Buy-it-Now prices …In eBay s Buy-it-Now auctions sellers can post prices at which buyers can purchase a good prior to an auction. We study …

In this paper we introduce a new type of experiment that combines the advantages of lab and field experiments. The … experiment is conducted in the lab but using an unchanged market environment from the real world. Moreover, a subset of the … experiment to study seller behavior in online auctions with a Buy-It-Now feature, where early potential bidders have the …

trade. Those auctions come in a variety of different formats, such as the Buy-It-Now auction format on eBay, that allows … sellers to post prices at which buyers can purchase a good prior to the auction. Even though, buyer behavior is well studied … auction market (the eBay platform and eBay traders) with the techniques of lab experiments. We find a striking link between …

auction with an additional buyer is conducted. The theoretical model predicts that with risk neutral agents all sales take … place in the auction rendering the negotiation prior to the auction obsolete. An experimental test of the model provides …

cognitive skills. Employing an order-balanced design, we use first-price auctions (FPAs) to expose participants to an auction …, experiencing SPAs before bidding in an FPA does not substantially affect bidding behavior by the cognitively less able but …

. Employing an order-balanced design, we use first-price auctions (FPAs) to expose participants to an auction format in which … before bidding in an FPA does not affect bidding behavior by the cognitively less able but, somewhat surprisingly, reduces …