共 4 条
An empirical investigation of efficiency and price uniformity in competing auctions
被引:3
作者:
Andersson, T.
[1
]
Andersson, C.
[1
]
Andersson, F.
[1
,2
]
机构:
[1] Lund Univ, Dept Econ, SE-22207 Lund, Sweden
[2] Res Inst Ind Econ, SE-10215 Stockholm, Sweden
关键词:
Competing auctions;
Cross-bidding;
Efficiency;
Price uniformity;
D O I:
10.1016/j.econlet.2012.01.023
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
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. (C) 2012 Elsevier B.V. All rights reserved.
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页码:99 / 101
页数:3
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