Bureau of Economics
Roundtable on The Economics of Internet Auctions
This one-day non-public Roundtable discussed recent economic research related to competition and consumer protection issues in the area of Internet auctions. A recent eBay financial report states that the company has forty-two million active users with an annual trading volume of almost one billion items worth $24 billion. Internet auctions are an important new method of exchange and distribution of goods and services. This Roundtable brought together academic economists, government economists and industry professionals to discuss important issues such as competition, network effects, fraud, lemons problems, inference, and demand estimation. The Roundtable consisted of nine academic economic papers and three panels. The papers represent recent developments in the field and were discussed by expert economists. The panels discussed the implications of recent economic research for public policy and included industry professionals.
Presentation Slides
- Yin Presentation - "Information Dispersion and Auction Prices"
- Cabral Presentation - "The Dynamics of Seller Reputation: Theory and Evidence from eBay"
- Hortacsu Presentation - "The Geography of Trade on eBay and MercadoLibre"
- Deltas Presentation - "Pricing and Competition Between Heterogeneous Auction Sites"
- Reiley Presentation - "Measuring the Benefits to Sniping on eBay: Evidence from a Field Experiment"
- Zeithammer Presentation - "Forward-looking Bidding in Online Auctions"
- Sickles Presentation - "Estimating Consumer Surplus in e-Bay Computer Monitor Auctions"
- Anderson Presentation - "Internet Auction Fraud: What Can We Learn From Consumer Sentinel Data"
- Jin Presentation - "Price, Quality and Reputation on eBay"
- Matties Presentation - "Internet Auction Consumer Protection"
- Coppi Presentation - "Competition Issues in B2B Exchanges"
- Marshall Presentation - "Competition Issues"
- Shmueli Presentation - "Inference from Internet Auction Data"
- Peoples Presentation - "Data Transparency and Online Auctions"
- Hermann Presentation - "State of the Net in 2005"
- Aizcorbe Presentation - "Potential Usefulness of eBay Data for Measuring Quality Change"
Papers
- Aizcorbe - "Intermittent Purchases and Welfare-Based Price Deflators for Durable Goods"
- Pai-Ling Yin - “Information Dispersion and Auction Prices”
- Luis Cabral - “The Dynamics of Seller Reputation: Theory and Evidence from eBay”
- Ali Hortacsu - “The Geography of Trade on eBay and MercadoLibre”
- George Deltas - “Auction Hosting Site Pricing and Competition”
- David Reiley - “Measuring the Benefits to Sniping on eBay: Evidence from a Field Experiment”
- Robert Zeithammer - “Forward-looking Bidding in Online Auctions”
- Axel Ockenfels - “Late and Multiple Bidding in Second Price Internet Auctions: Theory and Evidence Concerning Different Rules for Ending an Auction”
- Robin Sickles - “Interim Report on: Estimating Consumer Surplus in e-Bay Computer Monitor Auctions”
- Ginger Jin - “Price, Quality and Reputation: Evidence from An Online Field Experiment”
- Hal Varian - “Position Auctions"