EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks.
Anchoring and transaction utility: evidence from on-line auctions
Anna Dodonova and
Yuri Khoroshilov , 2004, vol. 11, issue 5, pages 307-310
Applied Economics Letters Abstract:
This article presents empirical evidence that people use anchoring to form their valuation of an object. Using data from the on-line auction Bidz.com, we found that people bid more for an item with a higher posted 'buy now' price than for an identical item with the lower posted 'buy now' price.
References: View complete reference list from CitEc Citations View citations in EconPapers (6) Track citations by RSS feed
Downloads: (external link) http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.
Related works: This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:taf:apeclt:v:11:y:2004:i:5:p:307-310
Ordering information: This journal article can be ordered from http://www.tandfonline.com/pricing/journal/RAEL20
Access Statistics for this article
Applied Economics Letters is edited by
More articles in Applied Economics Letters from Taylor & Francis Journals
Series data maintained by Michael McNulty ().