Online freelance marketplaces are websites that match buyers of electronically deliverable
services with freelancers. Although freelancing has grown in recent years, it faces the classic …

Consumer return rates have been steadily rising in recent years, resulting in growing costs
for retailers who must manage the returns process and the disposition of returned products …

Driven by the low transaction costs and interactive nature of the internet, customer
participation in the price-setting process has increased. Today, platforms such as eBay have …

Seller and product authentication problems are inherent in online markets, particularly in the
time-constrained setting of online auctions. Although trust-building mechanisms such as …

The empirical analysis of auction data has become a thriving field of research over the past
thirty years. Relying on sophisticated models and advanced econometric methods, it …

Because of discrete bid increments, bidders at electronic auctions engage in shading
instead of revealing their valuations, which would occur under the commonly assumed …

Price dispersion in simultaneous online auctions is a puzzle in light of the relatively low
search costs required to find the lower price. Much of this price dispersion appears to be due …

Beauty contests are auction mechanisms used to buy or sell differentiated products where
the auctioneer does not specify a decision rule to pick the winning bidder. Beauty contests …

A common complaint about online auctions for consumer goods is the presence
of``snipers,''who place bids in the final seconds of sequential ascending auctions with …

In an original data set of goods listed for sale online, I observe that both auctions and posted
prices are popular with buyers and sellers in the compact-disc market. To explain why these …