Construct · 1 fields · 1 citations

last-minute bidding: a standalone construct

One name. One construct. A landmark on the map.

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last-minutebidding1 CONSTRUCTLast-minute bidding ROTH · ECONOMICS

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Economics

placing bids in the final moments of an online auction with a fixed end time, avoiding bidding wars.

In economics, last-minute bidding refers to placing bids in the final moments of an online auction with a fixed end time, avoiding bidding wars. This meaning comes from Roth (2002) in American Economic Review.[1]

Unit
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proxy5 fields · 5 citationsjingle · one word, five constructs

References

  1. Roth, A. E., & Ockenfels, A. (2002). Last-Minute Bidding and the Rules for Ending Second-Price Auctions: Evidence from eBay and Amazon Auctions on the Internet. American Economic Review, 92(4), 1093-1103. https://doi.org/10.1257/00028280260344632

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