2012

An Empirical Investigation of Efficiency and Price Uniformity in Competing Auctions

Reprint No. 2012:51

Author(s): Tommy Andersson, Christer Andersson and Fredrik AnderssonYear: 2012 Title: Economics Letters Volume (No.): 116 (1) Pages: 99–101
Online article (restrictions may apply)


This paper investigates hypotheses related to efficiency and price uniformity in online competing auctions based on two theoretical predictions from Peters and Severinov [Peters, M., Severinov, S., 2006. Internet auctions with many traders. Journal of Economic Theory 130, 220–245]. The investigation is conducted using a large and ideal data set for online competing train ticket auctions, and the findings support the theoretical predictions in large parts.
 


Reference:
Andersson, Tommy, Christer Andersson and Fredrik Andersson (2012), "An Empirical Investigation of Efficiency and Price Uniformity in Competing Auctions". Economics Letters 116(1), 99–101.

Fredrik Andersson

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Interdisciplinary European Studies

Trust in the European Union in Challenging Times

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This is the first book in the Interdisciplinary European Studies collection. This volume provides an interdisciplinary perspective on trust in the EU from the vantage point of political science, law and economics. Lars Oxelheim, Lund University and affiliated to IFN, is one of the authors.

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