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Auctions on the Internet: What’s Being Auctioned, and How?
Abstract
This paper is an economist’s guide to auctions on the Internet. It traces the development of online auctions since 1993, and presents data from a comprehensive study of 142 different Internet auction sites. The results describe the transaction volumes, the types of auction mechanisms used, the types of goods auctioned, and the business models employed at the various sites. These new electronic‐commerce institutions raise interesting questions for the economic theory of auctions, such as predicting the types of goods to be sold at auction, examining the incentive effects of varying auctioneer fee structures, and identifying the optimal auction formats for online sellers.
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Citations
Cited by
Price, quality, and reputation: evidence from an online field experiment
Jin, G. Z., & Kato, A. (2006) · The RAND Journal of Economics · doi:10.1111/j.1756-2171.2006.tb00067.x · Cited by 326
Exploring the WOW in online-auction feedback
Weinberg, B. D., & Davis, L. (2005) · Journal of Business Research · doi:10.1016/j.jbusres.2004.06.004 · Cited by 108
Vishwanath, A. (2003) · Communication Research · doi:10.1177/0093650203257838 · Cited by 88
Control and Assurance in E-Commerce: Privacy, Integrity, and Security at Ebay
Duh, R.-R., Sunder, S., & Jamal, K. (2002) · doi:10.2139/ssrn.350663 · Cited by 55
(2014) · Pacific Asia Conference on Information Systems · Cited by 3
Metadata
- Authors
- Lucking‐Reiley, D.
- Venue
- The Journal of Industrial Economics
- Publisher
- Wiley
- Published
- 2000-09
- Volume
- 48
- Issue
- 3
- Pages
- 227-252
- ISSN
- 0022-1821 (ISSN-L)
- 1467-6451
- OpenAlex
- W2011516239
- Cited by
- 561
- References
- 0
- FWCI
- 66.74
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: Auctions on the Internet: What’s Being Auctioned, and How? https://app.cochat.ai/papers/10.1111/1467-6451.00122
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- Lucking‐Reiley, D. (2000). Auctions on the Internet: What’s Being Auctioned, and How? The Journal of Industrial Economics. https://doi.org/10.1111/1467-6451.00122
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
