Buy It Now: Lessons from EBay
نویسندگان
چکیده
منابع مشابه
Buy it now: Lessons from eBay
One day, you will discover a new adventure and knowledge by spending more money. But when? Do you think that you need to obtain those all requirements when having much money? Why don't you try to get something simple at first? That's something that will lead you to know more about the world, adventure, some places, history, entertainment, and more? It is your own time to continue reading habit....
متن کاملDeterminants of Buy-It-Now Auction Choice on eBay
New rules that are not found in traditional auctions have surfaced in Internet auctions. One such rule is the buyout option, which allows a bidder to end the auction immediately by purchasing the item at a buyout price specified by the seller. Very little research has been carried out to examine the buyout option. This study conducted an exploratory analysis of the various factors affecting bid...
متن کاملTwo-Stage Buy-It-Now Auctions
This paper studies auctions with a temporary Buy-It-Now (BIN) price using a two-stage model. In the first stage, a group of bidders (early bidders) are offered a ”Buy-It-Now” (BIN) option to purchase the item immediately at a listed price (BIN price). If no early bidder accepts the BIN price, the BIN option disappears and the second stage starts with an additional group of bidders (late bidders...
متن کاملTitle: Buy It Now: a Hybrid Internet Market Institution Buy It Now: a Hybrid Internet Market Institution
This paper analyzes seller choices and outcomes in approximately 700 recent Internet auctions on eBay. The ‘Buy it Now’ option that is available in these auctions allows the seller to supplement or replace the auction with a posted price offer. We use a structural model to control for the endogenous conduct of the auction (e.g., number of bids and bidders) as well as product and seller characte...
متن کاملGame Theoretical Analysis of Buy-it-now Price Auctions
We study two kinds of buy-it-now options, temporary and permanent, under a theoretical model of Stackelberg game. In this two-stage game, the bidders, as the followers, use a two-threshold strategy to determine whether to bid or directly buy the item at the posted price, given an auction configuration featured by the seller in the first stage and other common knowledge. Under the uniform distri...
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ژورنال
عنوان ژورنال: Canadian Journal of Communication
سال: 2015
ISSN: 1499-6642,0705-3657
DOI: 10.22230/cjc.2015v40n1a2880