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Benford's Law and psychological barriers in certain eBay auctions

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  • Ocean Fan Lu
  • David Giles

Abstract

Using generalizations of Benford's Law we test for the absence of psychological barriers at various price levels in eBay auctions for professional football tickets. Our empirical results indicate that this hypothesis cannot be rejected.

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File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/13504850802631814&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics Letters.

Volume (Year): 17 (2010)
Issue (Month): 10 ()
Pages: 1005-1008

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Handle: RePEc:taf:apeclt:v:17:y:2010:i:10:p:1005-1008

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Cited by:
  1. David E. Giles, 2012. "Exact Asymptotic Goodness-of-Fit Testing For Discrete Circular Data, With Applications," Econometrics Working Papers 1201, Department of Economics, University of Victoria.

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