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|Title:||Internet Auctions with a Temporary Buyout Option|
Discipline of Economics
temporary buyout option
|Publisher:||Discipline of Economics|
|Abstract:||We model an Internet auction with a temporary buyout option. Our main result shows that under certain parameter values, there exist two types of equilibria where offering a temporary buyout option with an appropriate reserve price enables the seller to increase expected revenue.|
|Department/Unit/Centre:||Discipline of Economics|
|Type of Work:||Working Paper|
|Appears in Collections:||Working Papers - Economics|
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