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.
引用
收藏
页码:99 / 101
页数:3
相关论文
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