The evolution of Ebay to a fixed price platform explained
We all know that the Ebay of today is quite different from the Ebay of 10-15 years ago. Auction volume has decreased dramatically and been replaced by the Ebay Store catering to both high volume sellers and high volume consignors in what is left of the auction format. I am attaching a link to a paper that tries to explain the reasons behind this evolution from an academic perspective. I found it interesting in that the data presented confirms my empirical observations. It is quite long, but worth a look. The link provided may not open the article, depending on your browser settings for pdf documents, but may download the article to your computer, where you can open it.
https://web.stanford.edu/~jdlevin/Papers/AFP.pdf
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RAUCOUS SPORTS CARD FORUM MEMBER AND MONSTER FATHER.
GOOD FOR THE HOBBY AND THE FORUM WITH A VAULT IN AN UNDISCLOSED LOCATION FILLED WITH WORTHLESS NON-FUNGIBLES
274/1000 Monster Number
Last edited by frankbmd; 05-12-2016 at 12:05 PM.
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