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Project

Deterministic vs. Contingent Ending Rules in Online Auctions

Some auction sites have "deterministic-ending" rules, which means the auction ends at a known time. Other auction sites have "contingent-ending" rules, which means they end once a certain criterion has been met (e.g., when no one has increased a bid for 30 minutes). In this project, we examine the role of ending rules on bidders' competitiveness and final bids.