We investigate the determinants of price for tractor auctions on eBay and tractors that are listed in the Farmers and Consumers Market Bulletin (FCMB) in Georgia. Surprisingly, seller reputation is not an important factor while engine hours and the presence of air conditioning appear to...

The increasing quantity of items bough and sold over the internet led to the success of internet auctions, to the introduction of new auction rules and the creation of new businesses and merger among existing ones. In this paper, we present a description of existing internet auction rules and...

A bidding strategy commonly observed in Internet auctions, though not frequently in live auctions, is that of "jump-bidding," or entering a bid larger than necessary to be a current high bidder. In this paper, we argue that the cost associated with entering on-line bids and the uncertainty...