The bidder’s curse: comment
Using the original and new eBay data, argues a key condition for identifying nonstandard behaviour may not have been met; overbidding consistent with standard behaviour once search costs are included.
Using the original and new eBay data, argues a key condition for identifying nonstandard behaviour may not have been met; overbidding consistent with standard behaviour once search costs are included.
Written from the abstract read 2026-10-12.
What our sources record
Reproduced as it was written when this source was checked, figures and all.
doi:10.1257/aer.20120767. Abstract read: using the original and new eBay data, argues a key condition for identifying nonstandard behaviour may not have been met; overbidding consistent with standard behaviour once search costs are included.