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Benford's Law and Psychological Barriers in Certain eBay Auctions

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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.uvic.ca/socialsciences/economics/assets/docs/econometrics/ewp0606.pdf
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Bibliographic Info

Paper provided by Department of Economics, University of Victoria in its series Econometrics Working Papers with number 0606.

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Length: 8 pages
Date of creation: 21 Sep 2006
Date of revision:
Handle: RePEc:vic:vicewp:0606

Note: ISSN 1485-6441
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Keywords: Psychological barriers; auction prices; Benford’s law;

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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, Department of Economics, University of Victoria 1201, Department of Economics, University of Victoria.

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