Ask Prices, Offers, and Time to Sale in an Online Exchange.
By examining an online computer exchange, we find that sellers who place higher nonbinding ask prices have higher outstanding offers and remain on the exchange longer, suggesting a willingness to hold out for higher offers. Additionally, higher ask prices deter buyers from making offers. The results...
| Publicado en: | Economic Inquiry Vol. 42; no. 1; pp. 14 - 29 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
January 2004
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |