The effects of modes of information presentation on decision-making: a review and meta-analysis
Journal of Management Information Systems
Determinants of financial performance: a meta-analysis
Management Science
The Impact of Information in Electronic Auctions: An Analysis of Buy-It-Now Auctions
HICSS '06 Proceedings of the 39th Annual Hawaii International Conference on System Sciences - Volume 08
Information Technology and Management
Information and Management
A survey of trust and reputation systems for online service provision
Decision Support Systems
A meta-analysis of the technology acceptance model
Information and Management
The roles of players and reputation: evidence from eBay online auctions
Decision Support Systems
Cheating in online auction - Towards explaining the popularity of English auction
Electronic Commerce Research and Applications
An integrated model exploring sellers' strategies in eBay auctions
Electronic Commerce Research
Online consumer-to-consumer market in China - A comparative study of Taobao and eBay
Electronic Commerce Research and Applications
Temporary and Permanent Buyout Prices in Online Auctions
Management Science
The effects of shilling on final bid prices in online auctions
Electronic Commerce Research and Applications
An intelligent product-information presentation in E-commerce
Electronic Commerce Research and Applications
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Online auction design options (the public reserve price, secret reserve option and buy-out option) are critical in determining auction outcomes (the number of bids, the probability of sale and auction price). However, previous studies about the impacts of online auction design options on auction outcomes have generated inconsistent or even contradictory results. To synthesize the inconsistencies and reach more substantive conclusions, we conduct this meta-analysis study. Furthermore, to explain the inconsistencies, we identify the value uncertainty of auction items as a key moderator on the impacts of auction design options on auction outcomes, and verify the moderating effects using meta-analysis methods. This study has three main findings: (i) the public reserve price has a positive effect on the auction price, and this effect is stronger when the value uncertainty of auction items is higher; (ii) the secret reserve option has a positive effect on the auction price when auction items are of low value uncertainty, but the magnitude of this effect decreases when the value uncertainty increases; (iii) the buy-out option has positive effects on both the probability of sale and the auction price when auction items are of low value uncertainty, but has negative effects on these two auction outcomes when auction items are of high value uncertainty.