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  1. Risk, reward and uncertainty in buyer-seller transactions
    the seller’s view on combining posted prices and auctions
    Autor*in: Ivanova-Stenzel, Radosveta; Kröger, Sabine
    Erschienen: [2023]
    Verlag:  CIRANO, [Montréal]

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    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 903
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    Schriftenreihe: Working paper / CIRANO ; 2023s, 13
    Schlagworte: asymmetric information; laboratory experiment; field experiment; auction; BIN-auction; Buy-It-Now auction; BIN-price; Buy-It-Now price; combined mechanism
    Umfang: 1 Online-Ressource (circa 15 Seiten), Illustrationen
  2. Risk, reward and uncertainty in buyer-seller transactions
    the seller's view on combining posted prices and auctions
    Autor*in: Ivanova-Stenzel, Radosveta; Kröger, Sabine
    Erschienen: [2023]
    Verlag:  Collaborative Research Center Transregio 190, [München]

    In Buy-It-Now auctions, sellers can post a take-it-or-leave-it price offer prior to an auction. While the literature almost exclusively looks at buyers in such combined mechanisms, the current paper summarizes results from the sellers' point of view.... mehr

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 553
    Fernleihe:
    keine Fernleihe

     

    In Buy-It-Now auctions, sellers can post a take-it-or-leave-it price offer prior to an auction. While the literature almost exclusively looks at buyers in such combined mechanisms, the current paper summarizes results from the sellers' point of view. Buy-It-Now auctions are complex mechanisms and therefore quite challenging for sellers. The paper discusses the seller's curse, a bias that sellers might fall prey to in such combined mechanisms, and how experience counterbalances this bias. Furthermore, the paper explores the role of information and bargaining power on behavior and profit prospects in Buy-It-Now auctions.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/282074
    Schriftenreihe: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 382 (February 09, 2023)
    Schlagworte: asymmetric information; laboratory experiment; field experiment; auction; BIN-auction; Buy-It-Now auction; BIN-price; Buy-It-Now price; combined mechanism
    Umfang: 1 Online-Ressource (circa 14 Seiten), Illustrationen