In this note I examine price competition between two sellers who sequentially arrive to an online consumer-to-consumer market (e.g., Craigslist). Each seller has one unit of a homogeneous good that they want to sell to a pool of buyers. When buyers arrive randomly to the market, I show that...

We study online markets, where two sellers sequentially choose reserve prices and then hold ascending auctions. Buyers can bid in both auctions and can switch between them as frequently as they like. We adapt the revenue equivalence approach of Myerson (1981) to obtain total revenue generated by...

The paper studies an online consumer-to-consumer market with limited supply, where sellers may list their items by posted prices or auctions. I show that when there is competition among sellers, they use only posted prices in the equilibrium. This result contrasts with the findings for a...