Demand reduction in multiunit auctions: evidence from a sportscard field experiment

Article Abstract:

Two sealed bid auctions of trading cards are held to show the difference between the uniform price and Vickrey auction techniques. Although there are no differences in revenues, there are higher initial bids in the uniform price auction than in the Vickrey auction.

All Other Publishers, Commercial Printing, Cards ex Greeting Cards, Statistical Data Included, Finance, Marketing, Hobby supplies industry, Trading cards, Trading card industry

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Demand reduction in multi-unit auctions: evidence from a sportscard field experiment: reply

Article Abstract:

A clarification on the critical views of Dan Levin on an analysis based on a sportcard field experiment evidencing that the demand in single unit auctions is greater than the demand in multi-unit auctions is presented.

Analysis, Letting of contracts, Competitive bidding

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Credible sales mechanisms and intermediaries

Article Abstract:

The importance of intermediaries and a sound reputation in making credible sales are discussed, elaborating on the roles and responsibilities of buyers and sellers during auctions.

Marketing procedures, Management dynamics, Psychological aspects, Evaluation, Consumer confidence, Company business management, Auctioneers, Customer relations, Vendor relations, Reputation

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