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An Empirical Investigation of Efficiency and Price Uniformity in Competing Auctions

Andersson, Tommy LU ; Andersson, Christer and Andersson, Fredrik LU (2012) In Economics Letters 116(1). p.99-101
Abstract (Swedish)
Abstract in Undetermined

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.
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Price uniformity, Efficiency, Cross-bidding, Competing auctions
in
Economics Letters
volume
116
issue
1
pages
99 - 101
publisher
Elsevier
external identifiers
  • wos:000305672100027
  • scopus:84857127318
ISSN
0165-1765
DOI
10.1016/j.econlet.2012.01.023
language
English
LU publication?
yes
id
37a3dc70-b1d2-4103-898f-9b7f8c88d19c (old id 1768187)
alternative location
http://www.sciencedirect.com/science/article/pii/S0165176512000390
date added to LUP
2011-01-27 15:37:11
date last changed
2017-01-01 03:46:24
@article{37a3dc70-b1d2-4103-898f-9b7f8c88d19c,
  abstract     = {<b>Abstract in Undetermined</b><br/><br>
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.},
  author       = {Andersson, Tommy and Andersson, Christer and Andersson, Fredrik},
  issn         = {0165-1765},
  keyword      = {Price uniformity,Efficiency,Cross-bidding,Competing auctions},
  language     = {eng},
  number       = {1},
  pages        = {99--101},
  publisher    = {Elsevier},
  series       = {Economics Letters},
  title        = {An Empirical Investigation of Efficiency and Price Uniformity in Competing Auctions},
  url          = {http://dx.doi.org/10.1016/j.econlet.2012.01.023},
  volume       = {116},
  year         = {2012},
}