The impact of bidding behaviour on end prices of eBay auctions
Autor: | Maximilian Wegener |
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EAN: | 9783656403128 |
eBook Format: | |
Sprache: | Englisch |
Produktart: | eBook |
Veröffentlichungsdatum: | 08.04.2013 |
Kategorie: | |
Schlagworte: | auction behavioral economics bidding behavior dutch auction ebay |
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Document from the year 2010 in the subject Business economics - General, grade: 8,0, Maastricht University, language: English, abstract: The following short paper underlines the impact of bidding behaviour, at eBay auctions, on the sales price. At the online auction portal eBay, bidders try to get the object of desire as cheap as possible with the highest evidence of quality and security, while sellers try to sell their product for the highest price possible. This paper elaborates on the impacts of minimum pricing, reserve prices, last minute bidding, sniping and seller's reputation on the end prices of eBay auctions from seller's and buyer's perspective.