£48.97

VDM Verlag Price Variations in Online Auctions

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Price History & Forecast

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Last 57 days • 57 data points (No recent data available)

Historical
Generating forecast...
£48.97 £46.52 £47.50 £48.48 £49.46 £50.44 £51.42 19 March 2026 02 April 2026 16 April 2026 30 April 2026 14 May 2026

Price Distribution

Price distribution over 57 days • 1 price levels

Days at Price
57 days 0 14 29 43 57 £49 Days at Price

Price Analysis

Most common price: £49 (57 days, 100.0%)

Price range: £49 - £49

Price levels: 1 different prices over 57 days

Description

In a thick market with a large number of homogeneous goods, it is often assumed that prices tend to converge. This assumption, however, does not hold in the context of online auctions. The goal of this work is to investigate how different factors may contribute to the auction price variation in a thick market. My approach is to systematically examine both the supply and demand side. On the supply side, both seller expertise and selling strategy influence the auction price, while seller expertise also affects how sellers develop their selling strategy. Likewise, on the demand side, both bidder expertise and bidding strategy influence the auction price, while bidder expertise also affects how bidders set their bidding strategy. The effect of these factors on price tends to vary across different levels of quality uncertainty. Drawing on auction theory, signaling theory and past empirical work, this study develops a framework to guide current as well as future research in the area of online auctions.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
25 June 2008
Listed Since
02 July 2008

Barcode

No barcode data available

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