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Applied Economics Letters Volume 29, 2022 - Issue 3
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Research Article

When bargaining meets auctions: assessing the effect of best offer on eBay auctions

Huiwen Hua Chewy, Inc., Boston, MA, USAView further author information
,
Greg Dowdb Environmental Protection Agency, Air Economics Group, Raleigh, NC, USAView further author information
&
Dylan Bouchardc ZS Associates, Boston, MA, USACorrespondence[email protected]
View further author information
Pages 261-266 | Published online: 04 Jan 2021

References

  • Backus, M., T. Blake, B. Larsen, and S. Tadelis. 2018. “Sequential Bargaining in the Field: Evidence from Millions of Online Bargaining Interactions.” Technical report, National Bureau of Economic Research.
  • Bauner, C. 2015. “Mechanism Choice and the Buy-it-now Auction: A Structural Model of Competing Buyers and Sellers.” International Journal of Industrial Organization 38: 19–31.
  • Budish, E. B., and L. N. Takeyama. 2001. “Buy Prices in Online Auctions: Irrationality on the Internet?” Economics Letters 72 (3): 325–333.
  • Durham, Y., M. R. Roelofs, and S. S. Standifird. 2004. “Ebay’s Buy-it-now Function: Who, When, and How.” Topics in Economic Analysis & Policy 4: 1.
  • Einav, L., C. Farronato, J. Levin, and N. Sundaresan. 2018. “Auctions versus Posted Prices in Online Markets.” Journal of Political Economy 126 (1): 178–215.
  • Einav, L., T. Kuchler, J. Levin, and N. Sundaresan. 2015. “Assessing Sale Strategies in Online Markets Using Matched Listings.” American Economic Journal: Microeconomics 7 (2): 215–247.
  • Elfenbein, D. W., R. Fisman, and B. McManus. 2012. “Charity as a Substitute for Reputation: Evidence from an Online Marketplace.” Review of Economic Studies 79 (4): 1441–1468.
  • Elfenbein, D. W., R. Fisman, and B. McManus. 2015. “Market Structure, Reputation, and the Value of Quality Certification.” American Economic Journal: Microeconomics 7 (4): 83–108.
  • Reynolds, S. S., and J. Wooders. 2009. “Auctions with a Buy Price.” Economic Theory 38 (1): 9–39.
  • Shunda, N. 2009. “Auctions with a Buy Price: The Case of Reference-dependent Preferences.” Games and Economic Behavior 67 (2): 645–664.
  • Wang, X., A. Montgomery, and K. Srinivasan. 2008. “When Auction Meets Fixed Price: A Theoretical and Empirical Examination of Buy-it-now Auctions.” Quantitative Marketing and Economics 6 (4): 339.

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