The Revelation of Bidder Information in Online Auctions
 |
|
Описание:
This book is based on a Ph.D. dissertation written at University of Mississippi. It investigates the decision about the revelation of bidder information in online auctions. It makes a novel contribution to the literature by investigating the relationship between bidder information asymmetry and bidder experience level. Bidder information is a signal about the experience level of bidder. Bidder experience affects the strategic decisions of both buyers and sellers. Using data from 500 Egyptian antique auctions (a common value auction) and 500 laptop auctions (a private value auction), following main results are identified. First, in common value auctions, sellers earn higher average prices when they conceal bidder information. In private value auctions, sellers generate higher average prices when proportionally more inexperienced bidders are present, regardless of whether or not they reveal bidder information. Then, in common value auctions, late bidding is observed more frequently...Похожие книги
 | Trading and exchanges Автор: Harris L. Год: 2003 |
 | Common Musculoskeletal Problems: A Handbook Автор: M. Rebecca Hoffman, James Daniels Год: 2010 |
 | Computer-Aided Molecular Design: Theory and Applications Автор: Doucet J. P., Weber J. Год: 1997 |
 | Common fibular nerve Год: 2011 |
 | Common Security and Defence Policy Год: 2011 |