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- Title
Competition between auctions.
- Authors
Haruvy, Ernan; Popkowski Leszczyc, Peter; Carare, Octavian; Cox, James; Greenleaf, Eric; Jank, Wolfgang; Jap, Sandy; Park, Young-Hoon; Rothkopf, Michael
- Abstract
Even though auctions are capturing an increasing share of commerce, they are typically treated in the theoretical economics literature as isolated. That is, an auction is typically treated as a single seller facing multiple buyers or as a single buyer facing multiple sellers. In this paper, we review the state of the art of competition between auctions. We consider three different types of competition: competition between auctions, competition between formats, and competition between auctioneers vying for auction traffic. We highlight the newest experimental, statistical, and analytical methods in the analysis of competition between auctions.
- Subjects
AUCTIONS; ECONOMIC competition; BIDDERS; AUCTIONEERS; COMMERCIAL agents; SELLING &; psychology
- Publication
Marketing Letters, 2008, Vol 19, Issue 3/4, p431
- ISSN
0923-0645
- Publication type
Article
- DOI
10.1007/s11002-008-9037-2