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An Empirical Invest...
An Empirical Investigation of Efficiency and Price Uniformity in Competing Auctions
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- Andersson, Tommy (author)
- Lund University,Lunds universitet,Nationalekonomiska institutionen,Ekonomihögskolan,Department of Economics,Lund University School of Economics and Management, LUSEM
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Andersson, Christer (author)
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- Andersson, Fredrik (author)
- Lund University,Lunds universitet,Nationalekonomiska institutionen,Ekonomihögskolan,Department of Economics,Lund University School of Economics and Management, LUSEM
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(creator_code:org_t)
- Elsevier BV, 2012
- 2012
- English.
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In: Economics Letters. - : Elsevier BV. - 0165-1765. ; 116:1, s. 99-101
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Abstract
Subject headings
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- Abstract in Undetermined This paper investigates hypotheses related to efficiency and price uniformity in online competing auctions based on two theoretical predictions from Peters and Severinov [Peters, M., Severinov, S., 2006. Internet auctions with many traders. Journal of Economic Theory 130, 220–245]. The investigation is conducted using a large and ideal data set for online competing train ticket auctions, and the findings support the theoretical predictions in large parts.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- Price uniformity
- Efficiency
- Cross-bidding
- Competing auctions
Publication and Content Type
- art (subject category)
- ref (subject category)
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