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In Buy-It-Now (BIN, hereafter) auctions, sellers can make a "take-it-or-leave-it" price offer (BIN price) prior to an auction. We analyse experimentally how eBay sellers set BIN prices and whether they benefit from offering them. Using the real eBay environment in the laboratory, we find that...
Persistent link: https://www.econbiz.de/10011902715
We investigate experimentally on eBay how sellers set prices in "Buy-It-Now" (BIN) auctions. We find that the eBay format leads to prices substantially below those expected in second-price auctions. Moreover, our results reveal that the information available on eBay about buyer experience and...
Persistent link: https://www.econbiz.de/10012309640
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 …
Persistent link: https://www.econbiz.de/10010365897
When interacting with others, individuals are often known to adjust their behavior based on the gender characteristics … of the other person. Information about another person’s gender tends to influence both behavior towards that individual … increasingly interested in gender equality, what are the potential effects of introducing a gender-blind option? In this study, we …
Persistent link: https://www.econbiz.de/10013245255
experiment and verify the presence of impatience (through waiting cost) and dissuasion factor (through previous failure) among …
Persistent link: https://www.econbiz.de/10012823441
Misinformation can have a significant impact on consumers' willingness to pay (WTP) for foods. This study conducted in Italy aims to investigate the effects of misinformation and two types of refutation (tentative and enhanced) on consumers' WTP using a non-hypothetical experimental auction for...
Persistent link: https://www.econbiz.de/10015053891
answer this question, we use videos of professional women’s and men’s soccer. In some videos the gender of the athletes was … clear to see. In other videos, though, the gender of the athletes was blurred. We find that participants only rate men …’s soccer videos higher when the gender of the players is visible. These findings reveal a bias in the evaluation of men’s and …
Persistent link: https://www.econbiz.de/10012820024
Principle, LES)? We address these questions through a laboratory experiment in which one unit of a fictitious good is traded …
Persistent link: https://www.econbiz.de/10011544082
benefits of policy interventions. The paper reports the results of an experiment that combines induced value and home …-grown value elicitation procedures. Home-grown values are elicited for a public food policy. The experiment has two treatments … that differ in the elicitation technique: secondprice Vickrey auction and discrete choice experiment. For each technique …
Persistent link: https://www.econbiz.de/10012263861
online experiment, we investigate how the producer's gender influences consumers' willingness to pay for the wine. Gender can …
Persistent link: https://www.econbiz.de/10014636856