The Shift Away From Auctions Based on Sales Mechanisms in Online - - PowerPoint PPT Presentation

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the shift away from auctions

The Shift Away From Auctions Based on Sales Mechanisms in Online - - PowerPoint PPT Presentation

Oct 27, 2022 123 likes •219 views

The Shift Away From Auctions Based on Sales Mechanisms in Online Markets: What Happened to Internet Auctions? by Einav, et al 1 Auction format way down Courtesy of Liran Einav, Chiara Farronato, Jonathan D. Levin, and Neel Sundaresan.

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The Shift Away From Auctions

Based on “Sales Mechanisms in Online Markets: What Happened to Internet Auctions?” by Einav, et al

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Auction format way down

Courtesy of Liran Einav, Chiara Farronato, Jonathan D. Levin, and Neel Sundaresan. Used with permission.

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People are not searching for auctions

Courtesy of Liran Einav, Chiara Farronato, Jonathan D. Levin, and Neel Sundaresan. Used with permission.

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Sales format and idiosyncrasy of item

Courtesy of Liran Einav, Chiara Farronato, Jonathan D. Levin, and Neel Sundaresan. Used with permission.

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Sales format and idiosyncrasy of item

Courtesy of Liran Einav, Chiara Farronato, Jonathan D. Levin, and Neel Sundaresan. Used with permission.

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Sales rates

Courtesy of Liran Einav, Chiara Farronato, Jonathan D. Levin, and Neel Sundaresan. Used with permission.

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Sale price

Courtesy of Liran Einav, Chiara Farronato, Jonathan D. Levin, and Neel Sundaresan. Used with permission.

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Residual demand has shifted

Courtesy of Liran Einav, Chiara Farronato, Jonathan D. Levin, and Neel Sundaresan. Used with permission.

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MIT OpenCourseWare http://ocw.mit.edu

14.27 Economics and E-Commerce

Fall 2014 For information about citing these materials or our Terms of Use, visit: http://ocw.mit.edu/terms.