Timing and presentation effects in sequential auctions

Research output: Contribution to journalArticle

Abstract

This paper investigates two hitherto unexplored dimensions inherent in online sequential auctions, namely, how the time elapsed between the end of an auction and the end of the next one and the order of presentation on the website affect prices. Using a state-of-the-art-dataset on train-ticket auctions with a particular institutional design feature that enables a causal interpretation of these dimensions, it is demonstrated that both dimensions have a significant impact on price formation in sequential auctions.

Details

Authors
Organisations
External organisations
  • Uppsala University
Research areas and keywords

Subject classification (UKÄ) – MANDATORY

  • Economics

Keywords

  • sequential auctions, presentation order, timing afternoon effect, D02, D44
Original languageEnglish
Pages (from-to)39-55
JournalJournal of Mechanism and Institution Design
Volume2
Issue number1
Publication statusPublished - 2017 Dec
Publication categoryResearch
Peer-reviewedYes