| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19021 |
| 来源ID | Working Paper 19021 |
| Sales Mechanisms in Online Markets: What Happened to Internet Auctions? | |
| Liran Einav; Chiara Farronato; Jonathan D. Levin; Neel Sundaresan | |
| 发表日期 | 2013-05-02 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | Consumer auctions were very popular in the early days of internet commerce, but today online sellers mostly use posted prices. Data from eBay shows that compositional shifts in the items being sold, or the sellers offering these items, cannot account for this evolution. Instead, the returns to sellers using auctions have diminished. We develop a model to distinguish two hypotheses: a shift in buyer demand away from auctions, and general narrowing of seller margins that favors posted prices. Our estimates suggest that the former is more important. We also provide evidence on where auctions still are used, and on why some sellers may continue to use both auctions and posted prices. |
| 主题 | Microeconomics ; Market Structure and Distribution ; Economics of Information ; Industrial Organization ; Market Structure and Firm Performance ; Industry Studies |
| URL | https://www.nber.org/papers/w19021 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576694 |
| 推荐引用方式 GB/T 7714 | Liran Einav,Chiara Farronato,Jonathan D. Levin,et al. Sales Mechanisms in Online Markets: What Happened to Internet Auctions?. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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