14. Internet Auctions


Central Idea: There are various reasons for delaying your bids till late in the auction.

Antithesis: You might as well bid early as late in an auction.

Topics For Class Discussion

Important Terms. Ebay and Amazon auctions. Sniping. Value discovery.

Additional Material

For Next Time

Return to the Thinking Strategically Home Page at http://pacioli.bus.indiana.edu/erasmuse/g570/g570.htm. Send comments to Prof. Rasmusen. March 23, 2002.