five

Round Bidding in Auctions

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NBER2025-12-01 更新2025-12-20 收录
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https://www.nber.org/papers/w34564
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Our analysis of novel data from hundreds of thousands of online auctions on a large platform operating in the Netherlands uncovers a tendency to bid round numbers. Round winning bids are higher than average for a given item and are eschewed by bidders as they gain experience. These findings lead us
创建时间:
2025-12-01
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