Public access to the Internet
Reducing buyer search costs: implications for electronic marketplaces
Management Science - Special issue: Frontier research on information systems and economics
Can online auctions beat online catalogs?
ICIS '99 Proceedings of the 20th international conference on Information Systems
An empirical evidence of winner's curse in electronic auctions
ICIS '99 Proceedings of the 20th international conference on Information Systems
Insights and analyses of online auctions
Communications of the ACM
A theoretical and empirical investigation of multi-item on-line auctions
Information Technology and Management
Implications of the Bidders' Arrival Process on the Design of Online Auctions
HICSS '00 Proceedings of the 33rd Hawaii International Conference on System Sciences-Volume 6 - Volume 6
Frictionless Commerce? A Comparison of Internet and Conventional Retailers
Management Science
Expert Systems with Applications: An International Journal
An integrated model exploring sellers' strategies in eBay auctions
Electronic Commerce Research
Designing On-Line Mediation Services for C2C Markets
International Journal of Electronic Commerce
Reputation and Dispute in eBay Transactions
International Journal of Electronic Commerce
The Impact of eBay's Buy-It-Now Function on Bidder Behavior
International Journal of Electronic Commerce
The segment approach time axis algorithm for proxy bidding application in online auction
MMACTEE'08 Proceedings of the 10th WSEAS International Conference on Mathematical Methods and Computational Techniques in Electrical Engineering
Operational efficiency of decentralized Internet auction mechanisms
Electronic Commerce Research and Applications
Bidding Patterns, Experience, and Avoiding the Winner's Curse in Online Auctions
Journal of Management Information Systems
Probabilistic assessment of loss in revenue generation in demand-driven production
Journal of Intelligent Manufacturing
Bidding Patterns, Experience, and Avoiding the Winner's Curse in Online Auctions
Journal of Management Information Systems
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Researchers studying on-line auction venues have focused on the businessto-consumer (B2C) auction and overlooked consumer-to-consumer (C2C) auctions. Since these two venues differ significantly in consumer type and auction rules, they are expected to generate different levels of consumer surplus. This paper explores the extent to which consumers in each type of auction experience the winner's curse - that is, pay more than the minimum fixed price for identical products. The paper also examines how product value, information asymmetry, and type of auction affect the occurrence of the winner's curse.