Consumers' willingness to pay (WTP) is highly relevant to managers and academics, and
the various direct and indirect methods used to measure it vary in their accuracy, defined as …

This paper surveys recent studies of internet auctions. Four main areas of research are
summarized. First, we survey several studies that document and attempt to explain the …

The rise of the platform economy into statelike dominance over the lives of entrepreneurs,
users, and workers. The early Internet was a lawless place, populated by scam artists who …

For object recognition, the current state-of-the-art is based on exhaustive search. However,
to enable the use of more expensive features and classifiers and thereby progress beyond …

We construct a panel of eBay seller histories and examine the importance of eBay's
reputation mechanism. We find that, when a seller first receives negative feedback, his …

Auctions on the Internet provide a new source of data on how bidding is influenced by the
detailed rules of the auction. Here we study the second-price auctions run by eBay and …

Reciprocity in feedback giving distorts the production and content of reputation information
in a market, hampering trust and trade efficiency. Guided by feedback patterns observed on …

Clickstream data are defined as the electronic record of Internet usage collected by Web
servers or third-party services. The authors discuss the nature of clickstream data, noting key …

This chapter discusses structural econometric approaches to auctions. Remarkably, much of
what can be learned from auction data can be learned without restrictions beyond those …

This paper tests whether demand shocks affect firm dynamics. We examine whether firms
that win government procurement contracts grow more compared to firms that compete for …