
Implications of Expected Changes in the Seller’s Threshold Price in Name-Your-Own-Price Auctions
When a bidder suspects the threshold price sometimes changes, but not often, they may decide…
When a bidder suspects the threshold price sometimes changes, but not often, they may decide…
If inventories are not adjusted properly, probabilistic selling is often not going to be an…
The presence of a star acts as a signal for risk-averse distributors who allocate greater…