Internet Auctions: Description, Bidders' Profiles and Implications

Chokri Dridi

Industrial Organization from University Library of Munich, Germany

Abstract: 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 typical profile of consumers who use them. We found that bidders are most likely located in the U.S., have some internet experience and skills and that they belong to the 26-50 years old age group. We also discuss the implication of online auctions on resource allocation.

Keywords: Internet Auctions; Online Auctions (search for similar items in EconPapers)
JEL-codes: L (search for similar items in EconPapers)
Pages: 38 pages
Date: 2005-02-24, Revised 2005-02-26
Note: Type of Document - pdf; pages: 38. (Spring 2000)
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/io/papers/0502/0502015.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpio:0502015

Access Statistics for this paper

More papers in Industrial Organization from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ( this e-mail address is bad, please contact ).