Cyberspace Auctions and Pricing Issues: A Review of Empirical Findings
Patrick Bajari and
Working Papers from Stanford University, Department of Economics
April 2002 This article surveys empirical findings from recent studies of Internet auctions and summarizes the economic insights gained from these findings. The main questions addressed in this article are: What are the rules of the game used in online auctions and how do these rules influence bidding behavior, such as sniping or bid shading? Is a good reputation, as measured by a seller’s feedback, valued by bidders and is feedback important in making online markets function well? Is the “winner’s curse” present in online auctions? How do minimum bids and secret reserve prices affect bidding and final sale prices? Working Papers Index
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7) Track citations by RSS feed
Downloads: (external link)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www-econ.stanford.edu/faculty/workp/swp02005.pdf [302 Found]--> http://web.stanford.edu/dept/economics/faculty/workp/swp02005.pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wop:stanec:02005
Access Statistics for this paper
More papers in Working Papers from Stanford University, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().