… gradual bidding equilibria in long auctions in the next subsection. In order to define gradual
bidding equilibria with periods of inactivity, we need to extend our definition of bidding …

… , two-periods sealed-bid auction model, inspired by eBay auctions, with … incremental bidding,
or naive bidding (when the eBay auction is misunderstood to be a first price English Auction…

… of auctions and the timing of bidding are a part of the bidder’s strategy, at least in what we are
to name informally as eBay-like … bidder snipes while the other bidder plays an incremental …

… other behavioral types (“incremental bidders”) that increase their maximum bids as they get
outbid.As shown in our empirical results, even though incremental bidding occurs in practice, …

… as between auctions and posted-price listings (auction prices … , past losers tend to bid more
in subsequent auctions (2.0% … , bidders can benefit from incremental bidding or waiting till …

… auction calendars and auction scene visualizations for viewing a set of many concurrent
auctions. … This makes it seem, at first, that the process of bidding was much more gradual and …

… bidding dynamics, showing that bidders … bidders can benefit from incremental bidding or
waiting till the last minute (sniping) rather than submitting their true valuation as their only bid…

… out by discussing bidder strategies in online auctions, mostly focusing on eBay. Even though
the popularity of traditional auctiononly listings on … Gradual bidding in eBay-like auctions 7 …

… auctions with more than a bid, as per the case of the auction … initial shock, the market goes
gradually back to the previous … reserve prices in eBay-like environments remains pending. …

… auctions. In this paper, we propose VERITAS, a truthful and computationally-efficient spectrum
auction to support an eBay-like … that left incremental 1 channel, e is charged by d’s bid 1. …