Benford's Law and psychological barriers in certain eBay auctions
AbstractUsing 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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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 17 (2010)
Issue (Month): 10 ()
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Other versions of this item:
- Ocean Fan Lu & David E. A. Giles, 2006. "Benford's Law and Psychological Barriers in Certain eBay Auctions," Econometrics Working Papers 0606, Department of Economics, University of Victoria.
- C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
- D44 - Microeconomics - - Market Structure and Pricing - - - Auctions
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- 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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