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Vettes and lemons on eBay

Author

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  • Christopher Adams

    ()

  • Laura Hosken
  • Peter Newberry

Abstract

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Suggested Citation

  • Christopher Adams & Laura Hosken & Peter Newberry, 2011. "Vettes and lemons on eBay," Quantitative Marketing and Economics (QME), Springer, vol. 9(2), pages 109-127, June.
  • Handle: RePEc:kap:qmktec:v:9:y:2011:i:2:p:109-127
    DOI: 10.1007/s11129-011-9095-2
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    References listed on IDEAS

    as
    1. Bond, Eric W, 1984. "Test of the Lemons Model: Reply [A Direct Test of the 'Lemons' Model: The Market for Used Pickup Trucks]," American Economic Review, American Economic Association, vol. 74(4), pages 801-804, September.
    2. Winand Emons & George Sheldon, 2002. "The Market for Used Cars: A New Test of the Lemons Model," Diskussionsschriften dp0202, Universitaet Bern, Departement Volkswirtschaft.
    3. Patrick Bajari & Ali Horta├žsu, 2004. "Economic Insights from Internet Auctions," Journal of Economic Literature, American Economic Association, vol. 42(2), pages 457-486, June.
    4. Gregory Lewis, 2011. "Asymmetric Information, Adverse Selection and Online Disclosure: The Case of eBay Motors," American Economic Review, American Economic Association, vol. 101(4), pages 1535-1546, June.
    5. Philip A. Haile & Han Hong & Matthew Shum, 2003. "Nonparametric Tests for Common Values at First-Price Sealed-Bid Auctions," NBER Working Papers 10105, National Bureau of Economic Research, Inc.
    6. Bond, Eric W, 1982. "A Direct Test of the "Lemons" Model: The Market for Used Pickup Trucks," American Economic Review, American Economic Association, vol. 72(4), pages 836-840, September.
    7. Milgrom, Paul R & Weber, Robert J, 1982. "A Theory of Auctions and Competitive Bidding," Econometrica, Econometric Society, vol. 50(5), pages 1089-1122, September.
    8. Engers, Maxim & Hartmann, Monica & Stern, Steven, 2009. "Are lemons really hot potatoes?," International Journal of Industrial Organization, Elsevier, vol. 27(2), pages 250-263, March.
    9. Genesove, David, 1993. "Adverse Selection in the Wholesale Used Car Market," Journal of Political Economy, University of Chicago Press, vol. 101(4), pages 644-665, August.
    10. Matt Shum & Phil Haile & Han Hong, 2003. "Nonparametric Tests for Common Values in First-Price Auctions," Economics Working Paper Archive 501, The Johns Hopkins University,Department of Economics.
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    Citations

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    Cited by:

    1. Olimov, Jafar M. & Roe, Brian E., 2017. "Multidimensional quality sorting between online and offline auctions: The role of attribute transparency," International Journal of Industrial Organization, Elsevier, vol. 53(C), pages 145-169.
    2. repec:eee:intfor:v:33:y:2017:i:4:p:864-877 is not listed on IDEAS
    3. Newberry, Peter W., 2015. "The effect of competition on eBay," International Journal of Industrial Organization, Elsevier, vol. 40(C), pages 107-118.
    4. Jonathan R. Peterson & Henry S. Schneider, 2014. "Adverse selection in the used-car market: evidence from purchase and repair patterns in the Consumer Expenditure Survey," RAND Journal of Economics, RAND Corporation, vol. 45(1), pages 140-154, March.
    5. Anthony Strittmatter & Michael Lechner, 2017. "Sorting on the Used-Car Market After the Volkswagen Emission Scandal," CESifo Working Paper Series 6480, CESifo Group Munich.

    More about this item

    Keywords

    Lemons; eBay; Auctions; Used cars; Corvettes; D44; D82;

    JEL classification:

    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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