Benford's Law and Psychological Barriers in Certain eBay Auctions

Ocean Fan Lu and David Giles
Additional contact information
Ocean Fan Lu: Department of Economics, University of Victoria, https://www.uvic.ca/socialsciences/economics/

No 606, Econometrics Working Papers from Department of Economics, University of Victoria

Abstract: Using generalizations of Benford’s Law we test for the absence of psychological barriers at various price levels in eBay auctions for professional football tickets. Our empirical results indicate that this hypothesis cannot be rejected.

Keywords: Psychological barriers; auction prices; Benford’s law (search for similar items in EconPapers)
JEL-codes: C12 D44 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2006-09-21
New Economics Papers: this item is included in nep-spo
Note: ISSN 1485-6441
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Benford's Law and psychological barriers in certain eBay auctions (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:vic:vicewp:0606

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