Effect of Auction Design on Bidder Entry: Evidence from An Online Labor Market

@inproceedings{Hong2018EffectOA,
  title={Effect of Auction Design on Bidder Entry: Evidence from An Online Labor Market},
  author={Yili Kevin Hong and Benjamin Shao and Pei-yu Chen and Chen Liang},
  booktitle={HICSS},
  year={2018}
}
We propose that auction duration and auction description are two important auction design parameters that could serve as screening mechanisms for quality in online auctions. Using data from an online labor matching platform that connects buyers with IT service vendors, we examine the effects of auction duration and auction descriptions on auction outcomes (i.e., number of bids, bidder quality, bidding price) and project outcomes (i.e., project being contracted and being completed). Our… CONTINUE READING

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