Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
553329 | Information & Management | 2010 | 8 Pages |
Abstract
Cross-bidding is a new strategy used in online auctions. The bidder simultaneously monitors several identical auctions, taking advantage of their price differential. We examined the determinants and outcomes of cross-bidding behavior and the contingent factors that shape it. Using empirical data, we demonstrated that cross-bidders can realize significant price discounts compared to non-cross-bidders; the number of experienced bidders in an auction market contributes to more cross-bidding; and this effect is positively moderated by market liquidity of the product being auctioned.
Related Topics
Physical Sciences and Engineering
Computer Science
Information Systems
Authors
Varol O. Kayhan, James A. McCart, Anol Bhattacherjee,