2012
DOI: 10.2139/ssrn.2004814
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The Seller's Listing Strategy in Online Auctions: Evidence from Ebay

Abstract: The paper empirically studies why the sellers of identical commodities adopt different auction formats in the online auction, and the consequences thereof. We postulate that the sellers adopt different auction formats because of the differences in their experience and the number of items they have. We first use these two characteristics to endogeneize the seller's choice between three auction formats: fixed-price, buy-it-now (BIN), and pure auctions. We then estimate the differences in sales rate, transaction … Show more

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Cited by 4 publications
(7 citation statements)
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“…For example, shows that, other things being equal, the pure auction results in higher trade probability but lower transaction price than the fixed-price listing. Chen, Liu, and Yu (2013) not only confirm Hammond's results (2010), but also show that while the BIN auction results in similar trade probability and transaction price it has shorter sale duration than the pure auction.…”
Section: Introductionsupporting
confidence: 83%
“…For example, shows that, other things being equal, the pure auction results in higher trade probability but lower transaction price than the fixed-price listing. Chen, Liu, and Yu (2013) not only confirm Hammond's results (2010), but also show that while the BIN auction results in similar trade probability and transaction price it has shorter sale duration than the pure auction.…”
Section: Introductionsupporting
confidence: 83%
“…Research on C2C product exchanges: focus on marketing, economic and operational efficiency One stream of research on C2C product exchanges (often referred to as "product-sharing") has focused on the interface between consumer behavior and the platform's marketing and distribution strategies. Scholars have analyzed consumer valuation of free product returns (Shang et al, 2017), the seller's online listing strategy (Chen et al, 2018) and the impact of product photographs and reputation systems on consumer behavior and product cost IJOPM 43,3 (Van Der Heide et al, 2013). Others have looked into the retailer's share of the gross profit margin in the channel linked to product sharing (Tian and Jiang, 2018).…”
Section: C2c Product Platforms In the Sharing Economymentioning
confidence: 99%
“…As pointed out by Plouffe (2007), they operate outside the realm of traditional channels and value chains. These C2C product platforms have been widely studied in the marketing, strategic management and economic literature, with an emphasis on the marketing techniques that drive platform performance (Shang et al, 2017or Chen et al, 2018, the trust building and matchmaking role they play (Chen et al, 2009;Jia et al, 2020) and other dimensions leading to economic efficiency (Wang et al, 2020;Tian et al, 2021). Still, they have been insufficiently studied from a supply chain perspective.…”
mentioning
confidence: 99%
“…38 Since buyers usually have single-unit demand, the number of items listed by the same seller is unlikely 38 In a dataset collected by the second author from eBay iPod auctions, it is also documented that a seller who has a greater number of iPods to sell in the period studied is less likely to post items with BIN. See Chen, Liu and Yu [2011].…”
Section: Iv(ii) Empirical Specificationmentioning
confidence: 99%
“…In a dataset collected by the second author from eBay iPod auctions, it is also documented that a seller who has a greater number of iPods to sell in the period studied is less likely to post items with BIN. See Chen, Liu and Yu [].…”
mentioning
confidence: 99%