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 …

opportunity to accept a posted price offer from the seller before the start of the auction. Bringing the field into the lab, we …

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 the eBay auction format supports deviations from truthful bidding leading … to auction prices substantially below those expected in second-price auctions. Our results reveal that the observed price …

does not effect their price decisions. Compared to an eBay auction without a BIN-price, the BIN-auction is more efficient …

incorporates a random number of participating bidders in each auction, allows for any bid distribution, and is not restricted to … the single-auction expected revenue function. We show that a monotone staircase with unit jumps policy is optimal and … order condition is met in common online auction mechanisms …

two auctions, we vary auction design features between and within pairs including shipping cost, open reserve, secret … auction choice by bidders are indeed related to search costs. We find strong inertia in auction choice and find that this … effect significantly interacts with time left in the auction. While individuals do not always choose a lower priced auction …

If all potential buyers participate in a first-price auction, then (theoretically) the auction price weakly exceeds the … posted-price mechanism to auction. We aim to explain this empirical contradiction in terms of partial participation of the … buyers in auction, prompted by impatience and dissuasion. Auction in internet often requires waiting, and hence many …

' WTP using a non-hypothetical experimental auction for 'blood orange' [known as Arancia Rossa di Sicilia PGI (Protected …

In Australian real estate markets, about a third of properties are sold at auction. We show that properties that fail … made. Consistent with a causal channel, the effect holds when auction failure is instrumented by the tendency of owners to …