The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.
Economic Insights from Internet Auctions
Abstract
This paper surveys recent studies of internet auctions. Four main areas of research are summarized. First, we survey several studies that document and attempt to explain the frequently observed sniping, or last-second bidding behavior, in these auctions. Second, we summarize several methods proposed to quantify the distortions caused by asymmetric information in these markets, most notably due to the winner's curse. Third, we explore research about the role of reputation mechanisms installed to help combat these distortions. Finally, we discuss what internet auctions have to teach us about auction design.
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Citations
Cites
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The value of reputation on eBay: A controlled experiment
Resnick, P., Zeckhauser, R., Swanson, J., & Lockwood, K. (2006) · Experimental Economics · doi:10.1007/s10683-006-4309-2 · Cited by 1,118
How Valuable Is a Good Reputation? A Sample Selection Model of Internet Auctions
Livingston, J. A. (2005) · Review of Economics and Statistics · doi:10.1162/0034653054638391 · Cited by 271
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Cited by
Goldfarb, A., & Tucker, C. (2019) · Journal of Economic Literature · doi:10.1257/jel.20171452 · Cited by 2,744
Predictive Analytics in Information Systems Research1
Shmueli, G., & Koppius, O. R. (2011) · MIS Quarterly · doi:10.2307/23042796 · Cited by 1,328
The value of reputation on eBay: A controlled experiment
Resnick, P., Zeckhauser, R., Swanson, J., & Lockwood, K. (2006) · Experimental Economics · doi:10.1007/s10683-006-4309-2 · Cited by 1,118
On Product Uncertainty in Online Markets: Theory and Evidence1
Dimoka, A., Hong, Y., & Pavlou, P. A. (2012) · MIS Quarterly · doi:10.2307/41703461 · Cited by 682
Predictive Analytics in Information Systems Research
Shmueli, G., & Koppius, O. (2010) · doi:10.2139/ssrn.1606674 · Cited by 676
Metadata
- Authors
- Bajari, P., & Hortaçsu, A.
- Venue
- Journal of Economic Literature
- Publisher
- American Economic Association
- Published
- 2004-05-01
- Volume
- 42
- Issue
- 2
- Pages
- 457-486
- ISSN
- 0022-0515 (ISSN-L)
- OpenAlex
- W1979164116
- Cited by
- 501
- References
- 3
- FWCI
- 47.68
- Type
- journal article
- Language
- en
- Open access
- closed
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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.
