Doing their Bidding: An Empirical Examination of Factors that Affect a Buyer’s Utility in Internet Auctions

• Main Authors: KAUFFMAN, Robert J., WOOD, Charles A.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2006
• Subjects: Auctions; Coin collecting; Consumer behavior; eBay; Economic theory; Econometric analysis; Electronic commerce; Electronic auctions; Empirical research; Information systems; Computer Sciences; E-Commerce
• Online Access: https://ink.library.smu.edu.sg/sis_research/2135; http://dx.doi.org/10.1007/s10799-006-9181-4
• Institution: Singapore Management University

What factors make individual bidders pay more or less for the same item in online auctions? We use data on over 55,000 bids over a three-year period collected by a customized Internet software agent. These data are used to perform a within-bidders quasi-experiment, testing bidders who bid on the exa...