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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 …
A human subject laboratory experiment compares the real-time market performance of the two most popular auction formats … configurations and is statistically significant in most treatments. Revenue capture tends to be similar across auction formats in …
A human subject laboratory experiment compares the real-time market performance of the two most popular auction formats … configurations and is statistically significant in most treatments. Revenue capture tends to be similar across auction formats in …