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Internet auctions and time: does the race against minute limits influence the auction outcome?
Bekinge Tekniska Högskola.
Kristianstad University, School of Health and Society. (Avdelningen för Ekonomi)
2010 (English)Conference paper (Refereed)
Abstract [en]

Internet based auctions have become popular and has become a forum for both rational and emotional driven decisions to buy or not to buy. This study focus the analysis on if and to what extent the auction time might influence the final, price winning, bid. The auctions showed a relative value increase as the time frame for the auction decreased. At the same time there was no significant difference between the numbers of bids in short relative the long auctions that could explain the increase in value. The result is discussed in terms of how time might influence, positively or negatively, economic rationality.

Place, publisher, year, edition, pages
Keyword [en]
Internet, Auctions, winning bid, time, emotions
National Category
Economics and Business Psychology
URN: urn:nbn:se:hkr:diva-9119OAI: diva2:507421
Available from: 2012-03-05 Created: 2012-03-05 Last updated: 2012-03-05Bibliographically approved

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Hellmer, Stefan
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