Online Auctions: Theoretical and Empirical Investigations

eBay is one of the biggest online auctioning companies in the world. Buyers and sellers of all types are able to hop online, put up something for sale, and sell it! Basically, the way it works is that you find something you want to bid on, place a bid on it, and wait to see if your bid wins. If it does, you send your information to the seller, and in return, he or she sends you your goods.

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The results explain the high frequency of bidders accepting BIN price, and may alsohelp explain the popularity of temporary BIN auctions in online auction sites, suchas eBay, where BIN option is only offered to early bidders.

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E-bay is one of the world’s leading online auctions, which allows sellers to put up their items on their website, and for buyers to bid for the purchase of said item.

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Is an eBay auction a legally-binding contract? In a minimum of 500 words, consider whether a bid placed in an online auction on eBay is legally binding and, therefore, enforceable. Explain your reasoning using the elements of contract analysis that you have learned thus far, including valid offer, valid acceptance, and the various forms of consideration.

Online auction bid here and now. Buy and sell products real estate and cars or houses on the internet. Stock Photo & Stock Image

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This dissertation, which consists of three essays, studies online auctions both theoretically and empirically

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