| Identifying Demand in EBay Auctions Contributor(s): Federal Trade Commission (Author) |
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ISBN: 150252385X ISBN-13: 9781502523853 Publisher: Createspace Independent Publishing Platform OUR PRICE: $12.30 Product Type: Paperback Published: September 2014 |
| Additional Information |
| BISAC Categories: - Business & Economics | E-commerce - General (see Also Computers - Electronic Commerce) |
| Physical Information: 0.08" H x 8.5" W x 11" (0.25 lbs) 38 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This book presents assumptions and identification results for eBay type auctions. These results are for private value auctions covering three major issues; censoring bias, auction heterogeneity and dynamic bidding. The first section of the book presents two identification results for second price open call auctions with private values and unobserved participation (eBay type auctions). The second section presents identification results for eBay type auctions that have either observed bidder heterogeneity, observed and unobserved item heterogeneity or unobserved auction heterogeneity. In particular it is shown that a traditional demand estimation model is identified. The third section presents identification results when bidders face an infinite sequence of eBay type auctions for a single item. |