A Note on Last Minute Bidding in Online Auctions
6 Pages Posted: 2 Oct 2007
Date Written: 2004
This note shows that in an online auction with discrete time and traffic congestion, there is no equilibrium with activity only in the last period.
Keywords: Online auction, private value, discrete, time, traffic congestion, last-minute bidding strategy
JEL Classification: D44, D82
Suggested Citation: Suggested Citation