“Bid more, pay less” – overbidding and the Bidder’s curse in teleshopping auctions
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DOI: 10.1007/s12525-018-0295-4
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- Rainer Alt, 2018. "Electronic Markets on digitalization," Electronic Markets, Springer;IIM University of St. Gallen, vol. 28(4), pages 397-402, November.
- Bo Yu & Gregory E. Kersten & Rustam Vahidov, 2022. "An experimental examination of credible information disclosure, perception of fairness, and intention to do business in online multi-bilateral negotiations," Electronic Markets, Springer;IIM University of St. Gallen, vol. 32(1), pages 217-237, March.
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More about this item
Keywords
Bidder’s curse; Multi-unit auction; Online auction; Search cost; Teleshopping auction;All these keywords.
JEL classification:
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
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