Multiple-bidding in auctions as bidders become confident of their private valuations

Christopher Cotton

MPRA Paper from University Library of Munich, Germany

Abstract: A bidder may increase his bid over the course of an auction when (1) he becomes more certain about his private valuation over time (as he has more time to consider using the item), and (2) there is a positive probability he is unable to return to the auction to submit a bid in a later period.

Keywords: auction; multiple bidding; eBay; value discovery (search for similar items in EconPapers)
JEL-codes: D44 D83 (search for similar items in EconPapers)
Date: 2007-02-12
New Economics Papers: this item is included in nep-gth
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://mpra.ub.uni-muenchen.de/1844/1/MPRA_paper_1844.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/5746/1/MPRA_paper_5746.pdf revised version (application/pdf)

Related works:
Journal Article: Multiple bidding in auctions as bidders become confident of their private valuations (2009)
Working Paper: Multiple-bidding in auctions as bidders become confident of their private valuations (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:1844

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