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Portrait of Tommy Andersson. Photo.

Tommy Andersson

Professor

Portrait of Tommy Andersson. Photo.

Timing and presentation effects in sequential auctions

Author

  • Tommy Andersson
  • Ola Andersson

Summary, in English

This paper investigates two hitherto unexplored dimensions inherent in online sequential auctions, namely, how the time elapsed between the end of an auction and the end of the next one and the order of presentation on the website affect prices. Using a state-of-the-art-dataset on train-ticket auctions with a particular institutional design feature that enables a causal interpretation of these dimensions, it is demonstrated that both dimensions have a significant impact on price formation in sequential auctions.

Department/s

  • Department of Economics

Publishing year

2017-12

Language

English

Pages

39-55

Publication/Series

Journal of Mechanism and Institution Design

Volume

2

Issue

1

Document type

Journal article

Topic

  • Economics

Keywords

  • sequential auctions
  • presentation order
  • timing afternoon effect
  • D02
  • D44

Status

Published

ISBN/ISSN/Other

  • ISSN: 2399-844X