eBay's proxy bidding: A license to shill

Journal of Economic Behavior and Organization

Volumn 72, Issue 1, 2009, Pages 509-526

  Engelberg, Joseph ^a   Williams, Jared ^b  

^a UNIVERSITY OF NORTH CAROLINA   (United States)

^b PENNSYLVANIA STATE UNIVERSITY   (United States)

Author keywords

eBay; eBay auctions; Incremental bidding; Shill bidding; Shilling

Indexed keywords

EID: 70349462984     PISSN: 01672681     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jebo.2009.05.023     Document Type: Article

References (11)

1. Ball C., Torus W., and Tschoegl A. The degree of price resolution: the case of the gold market. Journal of Futures Markets 5 (1985) 29-43
2. Christie W., and Schultz P. Why do NASDAQ market makers avoid odd-eighth quotes?. Journal of Finance 49 (1994) 1813-1840
3. Goodhart, C., Curcio, R., 1991. The clustering of bid/ask prices and the spread in the foreign exchange market. Discussion Paper No. 110, LSE Financial Markets Group Discussion Paper.
4. Grossman S., Miller M., Cone K., Fischel D., and Ross D. Clustering and competition in asset markets. Journal of Law and Economics 40 (1997) 23-60
5. Harris L. Price clustering and discreteness. Review of Financial Studies 4 (1991) 389-415
6. Hornick, Cherian, and Zakay. The influence of prototypic values on the validity of studies using time estimates. Journal of Market Research Society 36 (1994) 145-147
7. Ikenberry D., and Weston J. Clustering in US stock prices after decimalization. European Financial Management 14 (2008) 30-54
8. Kauffmann R., and Wood C. The effects of shilling on final bid prices in online auctions. Electronic Commerce Research and Applications 4 (2005) 21-34
9. Ockenfels, A., Reiley, D.H., Sadrieh, A., Online auctions. In: Hendershott, T. (Ed.), Handbook of Information Systems and Economics. Elsevier Science, New York, 2007, pp. 571-628.
10. Roth A.E., and Ockenfels A. Last-Minute bidding and the rules for ending second-price auctions: evidence from eBay and amazon auctions on the internet. American Economic Review 92 (2002) 1093-1103
11. The Committee on Energy and Commerce, 2001. Tauzin, Wilson want details on shilling and online auction fraud. News Release, 26 June 2001. Available at: http://energycommerce.house.gov/107/News/06262001_304print.htm.