Are Online Auction Markets Efficient? An Empirical Study of Market Liquidity and Abnormal Returns.
Technological advances have facilitated investment in collectibles through online auction markets, where information regarding product characteristics, current and historical prices, and product availability is available to millions of market participants. However, market inefficiencies may still ex...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2009
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/sis_research/2749 https://ink.library.smu.edu.sg/context/sis_research/article/3749/viewcontent/Online_Auction_Efficient_2009_av.pdf |
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| Institution: | Singapore Management University |
| Language: | English |