Assessing sale strategies in online markets using matched listings

L Einav, T Kuchler, J Levin… - American Economic …, 2015 - aeaweb.org
We use data from eBay to identify hundreds of thousands of instances in which retailers
posted otherwise identical product listings with targeted variation in pricing and auction …

Learning from seller experiments in online markets

L Einav, T Kuchler, JD Levin, N Sundaresan - 2011 - nber.org
The internet has dramatically reduced the cost of varying prices, displays and information
provided to consumers, facilitating both active and passive experimentation. We document …

Revision games

Y Kamada, M Kandori - Econometrica, 2020 - Wiley Online Library
This paper proposes a class of games called revision games. In a revision game, players
start with initially prepared actions, followed by a sequence of random revision opportunities …

Expectation, disappointment, and exit: evidence on reference point formation from an online marketplace

M Backus, T Blake, D Masterov… - Journal of the European …, 2022 - academic.oup.com
We study disappointment and platform exit among new bidders in an online auction
marketplace. In particular, we study a hybrid auction format with a “Buy-It-Now” option …

Optimal entry timing

AM Kolb - Journal of Economic Theory, 2015 - Elsevier
A player of privately known strength chooses when to enter a market, and an incumbent
chooses whether to compete or concede. Information about the potential entrant's type is …

Optimal timing of policy announcements in dynamic election campaigns

Y Kamada, T Sugaya - The Quarterly Journal of Economics, 2020 - academic.oup.com
We construct a dynamic model of election campaigns. In the model, opportunities for
candidates to refine/clarify their policy positions are limited and arrive stochastically along …

Simultaneous use of auctions and posted prices

P Hummel - European Economic Review, 2015 - Elsevier
I consider a model in which several identical objects are sold simultaneously via an auction
and a posted price mechanism. The model explains several empirical regularities regarding …

Zero-sum revision games

F Gensbittel, S Lovo, J Renault, T Tomala - Games and Economic Behavior, 2018 - Elsevier
In zero-sum asynchronous revision games, players revise their actions only at exogenous
random times. Players' revision times follow Poisson processes, independent across …

Inferring ascending auction participation from observed bidders

BC Platt - International Journal of Industrial Organization, 2017 - Elsevier
Participation in internet auctions goes well beyond those who place a bid. Participants arrive
in random order, and if the auction's standing price has already exceeded a participant's …

Markov perfect equilibria in stochastic revision games

S Lovo, T Tomala - HEC Paris Research Paper No. ECO/SCD …, 2015 - papers.ssrn.com
We introduce the model of Stochastic Revision Games where a finite set of players control a
state variable and receive payoffs as a function of the state at a terminal deadline. There is a …