Item talk:Q306083
From geokb
{
"USGS Publications Warehouse": { "@context": "https://schema.org", "@type": "Article", "additionalType": "Journal Article", "name": "Buy it now: A hybrid internet market institution", "identifier": [ { "@type": "PropertyValue", "propertyID": "USGS Publications Warehouse IndexID", "value": "70202033", "url": "https://pubs.usgs.gov/publication/70202033" }, { "@type": "PropertyValue", "propertyID": "USGS Publications Warehouse Internal ID", "value": 70202033 } ], "journal": { "@type": "Periodical", "name": "Journal of Electronic Commerce Research", "volumeNumber": "9", "issueNumber": "2" }, "inLanguage": "en", "isPartOf": [ { "@type": "CreativeWorkSeries", "name": "Journal of Electronic Commerce Research" } ], "datePublished": "2008", "dateModified": "2019-02-07", "abstract": "This paper analyzes seller choices and outcomes in approximately 700 Internet auctions of a relatively homogeneous good. The \u2018Buy it Now\u2019 option allows the seller to convert the auction into a posted price market. We use a structural model to control for the conduct of the auction as well as product and seller characteristics. In explaining seller choices, we find that the \u2018Buy it Now\u2019 option was used more often by sellers with higher ratings and offering fewer units; and posted prices were more prevalent for used items. In explaining auction outcomes, we find that auctions with a \u2018Buy it Now\u2019 price had higher winning bids, ceteris paribus, whether or not the auction ended with the \u2018Buy it Now\u2019 offer being accepted, possibly reflecting signaling or bounded rationality. We also find that posting prices, by combining \u2018Buy it Now\u2019 and an equal starting price, was an effective strategy for sellers in the sample.", "description": "17 p.", "publisher": { "@type": "Organization", "name": "California State University Long Beach" }, "author": [ { "@type": "Person", "name": "Anderson, Steven T. sanderson@usgs.gov", "givenName": "Steven T.", "familyName": "Anderson", "email": "sanderson@usgs.gov", "identifier": { "@type": "PropertyValue", "propertyID": "ORCID", "value": "0000-0003-3481-3424", "url": "https://orcid.org/0000-0003-3481-3424" }, "affiliation": [ { "@type": "Organization", "name": "Eastern Energy Resources Science Center", "url": "https://www.usgs.gov/centers/geology-energy-and-minerals-science-center" } ] }, { "@type": "Person", "name": "Friedman, Daniel", "givenName": "Daniel", "familyName": "Friedman" }, { "@type": "Person", "name": "Milam, Garrett", "givenName": "Garrett", "familyName": "Milam" }, { "@type": "Person", "name": "Singh, Nirvikar", "givenName": "Nirvikar", "familyName": "Singh" } ] }
}