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Last-Minute Bidding and the Rules for Ending Second-Price Auctions: Evidence from eBay and Amazon Auctions on the Internet by Alvin E. Roth and Axel Ockenfels. Published in volume 92, issue 4, pages 1093-1103 of American Economic Review, September 2002
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Roth et al. (Thu,) studied this question.
synapsesocial.com/papers/69da2aee0d540cafc5838ca3 — DOI: https://doi.org/10.1257/00028280260344632
Alvin E. Roth
New School
Axel Ockenfels
University of Cologne
American Economic Review
Harvard University
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