Showing 1 - 10 of 45
choices include the length of the auction, information provided about the product, starting price, and whether to use a "Buy …
Persistent link: https://www.econbiz.de/10011520795
choices include the length of the auction, information provided about the product, starting price, and whether to use a 'Buy …
Persistent link: https://www.econbiz.de/10014072228
A preference for negative reciprocity is an important part of the human emotional repertoire. We model its role in sustaining cooperative behavior but highlight an intrinsic free-rider problem: the fitness benefits of negative reciprocity are dispersed throughout the entire group, but the...
Persistent link: https://www.econbiz.de/10011520811
Persistent link: https://www.econbiz.de/10001662009
This paper analyzes seller choices and outcomes in approximately 700 recent Internet auctions on eBay. The "Buy it Now …" option that is available in these auctions allows the seller to supplement or replace the auction with a posted price offer …. We use a structural model to control for the endogenous conduct of the auction (e.g., number of bids and bidders) as well …
Persistent link: https://www.econbiz.de/10011520706
This paper analyzes seller choices and outcomes in approximately 700 recent Internet auctions on eBay. The 'Buy it Now …' option that is available in these auctions allows the seller to supplement or replace the auction with a posted price offer …. We use a structural model to control for the endogenous conduct of the auction (e.g., number of bids and bidders) as well …
Persistent link: https://www.econbiz.de/10014072166
This paper introduces two ideas, emotional state dependent utility components (ESDUCs), and evolutionary perfect Bayesian equilibrium (EPBE). Using a simple extensive form game, we illustrate the efficiency-enhancing role of a powerful ESDUC, the vengeance motive. Incorporating behavioral noise...
Persistent link: https://www.econbiz.de/10001711878
Persistent link: https://www.econbiz.de/10003871686
This paper introduces two ideas, emotional state dependent utility components (ESDUCs), and evolutionary perfect Bayesian equilibrium (EPBE). Using a simple extensive form game, we illustrate the efficiency-enhancing role of a powerful ESDUC, the vengeance motive. Incorporating behavioral noise...
Persistent link: https://www.econbiz.de/10013320377
Persistent link: https://www.econbiz.de/10001056671