AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Quicken 2019 download 22.953/16/2023 ![]() ![]() ![]() Notes: “Fraction overbid” and “Fraction overbid 5 percent” are The mismatches and reasons for mismatches, referred to inįootnote 17 of the main text, are at the end of this document. The outliers in the M&L cross section with and without shippingįees. Text using data that exclude shipping fees. Tables A1, A2, and A5, and Figure A1 show the results from the main ONLINE APPENDIX I provide several additional tables below. The bottom and top 1 percent of outliers are in Table A3 below. “ Δ price mean ex-outliers (percent)” is another approach for limiting the influence of outliers, by dropping the bottom and top 1 percent of products based on the percentage difference between the auction and low-price BIN. “ Δ price median (percent)” is the median percentage difference, which reduces the influence of outliers. ![]() “ Δ price mean (percent)” is the mean percentage difference between the auction ending price and the low BIN price across products. Table A1: Wording differences and overbidding in cross section, excluding shipping fees N Fraction overbid Fraction overbid 5 percent Δ price mean (percent) Δ price median (percent) Δ price mean ex-outliers (percent) Auction has "new," BIN does not 269 0.62 0.51 9.50 5.11 10.07 Auction, BIN have or do not have "new" 1,045 0.45 0.37 34.66 -2.56 4.10 Auction does not have "new," BIN does 377 0.43 0.34 0.01 -4.60 1.49 All auctions 1,691 0.47 0.39 22.95 -1.49 4.48 Notes: “Fraction overbid” and “Fraction overbid 5 percent” are the fraction of auctions that end above the low BIN price, and the fraction of auctions that end over 5 percent above the low BIN price, respectively. ![]() The mismatches and reasons for mismatches, referred to in Footnote 17 of the main text, are at the end of this document. Tables A3 and A4 show the outliers in the M&L cross section with and without shipping fees. Tables A1, A2, and A5, and Figure A1 show the results from the main text using data that exclude shipping fees. Schneider March 2014 ONLINE APPENDIX I provide several additional tables below. ![]()
0 Comments
Read More
Leave a Reply. |