Economics, Psychology, and Social Dynamics of Consumer Bidding in Auctions

With increasing numbers of consumers in auction marketplaces, we highlight some recent approaches that bring additional economic, social, and psychological factors to bear on existing economic theory to better understand and explain consumers' behavior in auctions. We also highlight specific research streams that could contribute towards enriching existing economic models of bidding behavior in emerging market mechanisms.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/47034/1/11002_2005_Article_5901.pd

Quarterly Journal of Electronic Commerce, 2002, 1(2), 161-186 Internet Auctions -- Popular and Professional Literature

CONTENTS Internet Auctions -- a popular literature review .................................................................... 1 INTRODUCTION ................................................................................................................ 3 Popular portrayal...............................................................................................................4 Professional literature ....................................................................................................... 5 MODELS .............................................................................................................................. 6 PRICE ................................................................................................................................... 7 Death of the fixed price?................................................................................................... 7 A Revolution ..........................................................

Internet Auctions -- Popular and Professional Literature Review

CONTENTS Internet Auctions -- a popular literature review.................................................................. 1 INTRODUCTION ............................................................................................................ 3 Popular portrayal .......................................................................................................... 4 Professional literature ................................................................................................... 5 MODELS ......................................................................................................................... 6 PRICE .............................................................................................................................. 7 Death of the fixed price? ............................................................................................... 7 A Revolution ....................................................................................