{"id":"https://openalex.org/W7171619706","doi":"https://doi.org/10.2139/ssrn.7006158","title":"Buy It Now Or Later? An Experimental Study of Second-price Auction with Buy Price","display_name":"Buy It Now Or Later? An Experimental Study of Second-price Auction with Buy Price","publication_year":2026,"publication_date":"2026-01-01","ids":{"openalex":"https://openalex.org/W7171619706","doi":"https://doi.org/10.2139/ssrn.7006158"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.7006158","doi":"https://doi.org/10.2139/ssrn.7006158","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.7006158","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.7006158","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5086221235","display_name":"Toshihiro Tsuchihashi","orcid":"https://orcid.org/0000-0002-3524-6903","observed_orcids":["https://orcid.org/0000-0002-3524-6903"]},"institutions":[{"id":"https://openalex.org/I201719341","display_name":"Daito Bunka University","ror":"https://ror.org/05cw8ax51","country_code":"JP","type":"education","lineage":["https://openalex.org/I201719341"]}],"countries":["JP"],"is_corresponding":true,"raw_author_name":"Toshihiro Tsuchihashi","raw_affiliation_strings":["Daito Bunka University - Department of Economics, Takashimadaira 1-9-1, Itabashi, Tokyo 175-857, Japan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Daito Bunka University - Department of Economics, Takashimadaira 1-9-1, Itabashi, Tokyo 175-857, Japan","institution_ids":["https://openalex.org/I201719341"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5008962414","display_name":"Toshiji Kawagoe","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I84400586","display_name":"Future University Hakodate","ror":"https://ror.org/05szw2z23","country_code":"JP","type":"education","lineage":["https://openalex.org/I84400586"]}],"countries":["JP"],"is_corresponding":false,"raw_author_name":"Toshiji Kawagoe","raw_affiliation_strings":["Future University Hakodate, 116-2 Kamedanakano-cho, Hakodate Hokkaido, 041-8655, Japan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Future University Hakodate, 116-2 Kamedanakano-cho, Hakodate Hokkaido, 041-8655, Japan","institution_ids":["https://openalex.org/I84400586"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5015926590","display_name":"Tomohisa Okada","orcid":"https://orcid.org/0000-0002-4775-0074","observed_orcids":["https://orcid.org/0000-0002-4775-0074"]},"institutions":[{"id":"https://openalex.org/I201719341","display_name":"Daito Bunka University","ror":"https://ror.org/05cw8ax51","country_code":"JP","type":"education","lineage":["https://openalex.org/I201719341"]}],"countries":["JP"],"is_corresponding":false,"raw_author_name":"Tomohisa Okada","raw_affiliation_strings":["Daito Bunka University - Department of Economics, Takashimadaira 1-9-1, Itabashi, Tokyo 175-857, Japan"],"raw_orcid":"https://orcid.org/0000-0002-4775-0074","affiliations":[{"raw_affiliation_string":"Daito Bunka University - Department of Economics, Takashimadaira 1-9-1, Itabashi, Tokyo 175-857, Japan","institution_ids":["https://openalex.org/I201719341"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5086221235"],"corresponding_institution_ids":["https://openalex.org/I201719341"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.0008999999845400453,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.0003000000142492354,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/vickrey-auction","display_name":"second-price auctions","score":0.9520000219345093},{"id":"https://openalex.org/keywords/bidding-behavior","display_name":"bidding behavior","score":0.6899999976158142},{"id":"https://openalex.org/keywords/time-preference","display_name":"time preference","score":0.968999981880188},{"id":"https://openalex.org/keywords/ambiguity","display_name":"ambiguity","score":0.8109999895095825},{"id":"https://openalex.org/keywords/knightian-uncertainty","display_name":"Knightian uncertainty","score":0.9559999704360962},{"id":"https://openalex.org/keywords/competition","display_name":"competition","score":0.3700000047683716},{"id":"https://openalex.org/keywords/level-k-models","display_name":"level-k models","score":0.8610000014305115}],"concepts":[{"id":"https://openalex.org/C2780522230","wikidata":"https://www.wikidata.org/wiki/Q1140419","display_name":"Ambiguity","level":2,"score":0.7139999866485596},{"id":"https://openalex.org/C163239763","wikidata":"https://www.wikidata.org/wiki/Q5153637","display_name":"Common value auction","level":2,"score":0.6991999745368958},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.6394000053405762},{"id":"https://openalex.org/C2779652836","wikidata":"https://www.wikidata.org/wiki/Q1548830","display_name":"Knightian uncertainty","level":3,"score":0.6302000284194946},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5861999988555908},{"id":"https://openalex.org/C2781249084","wikidata":"https://www.wikidata.org/wiki/Q908656","display_name":"Preference","level":2,"score":0.5389000177383423},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.5339999794960022},{"id":"https://openalex.org/C149728462","wikidata":"https://www.wikidata.org/wiki/Q751319","display_name":"Minimax","level":2,"score":0.4643000066280365},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4641000032424927},{"id":"https://openalex.org/C2777402642","wikidata":"https://www.wikidata.org/wiki/Q2557224","display_name":"Explanatory power","level":2,"score":0.44909998774528503},{"id":"https://openalex.org/C2776035688","wikidata":"https://www.wikidata.org/wiki/Q1606558","display_name":"Affect (linguistics)","level":2,"score":0.44839999079704285},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.44269999861717224},{"id":"https://openalex.org/C96016098","wikidata":"https://www.wikidata.org/wiki/Q853949","display_name":"Rational expectations","level":2,"score":0.40209999680519104},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.32199999690055847},{"id":"https://openalex.org/C2781238097","wikidata":"https://www.wikidata.org/wiki/Q175026","display_name":"Object (grammar)","level":2,"score":0.2890999913215637},{"id":"https://openalex.org/C205706631","wikidata":"https://www.wikidata.org/wiki/Q2319304","display_name":"Expected utility hypothesis","level":2,"score":0.2849000096321106},{"id":"https://openalex.org/C2778631480","wikidata":"https://www.wikidata.org/wiki/Q17143022","display_name":"Research Object","level":2,"score":0.2732999920845032},{"id":"https://openalex.org/C192209626","wikidata":"https://www.wikidata.org/wiki/Q190909","display_name":"Focus (optics)","level":2,"score":0.27309998869895935},{"id":"https://openalex.org/C2777963317","wikidata":"https://www.wikidata.org/wiki/Q5156331","display_name":"Competition model","level":3,"score":0.26660001277923584},{"id":"https://openalex.org/C2777364431","wikidata":"https://www.wikidata.org/wiki/Q140813","display_name":"Willingness to pay","level":2,"score":0.2574999928474426},{"id":"https://openalex.org/C22679943","wikidata":"https://www.wikidata.org/wiki/Q159375","display_name":"Standard deviation","level":2,"score":0.2535000145435333}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2139/ssrn.7006158","doi":"https://doi.org/10.2139/ssrn.7006158","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.7006158","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"}],"best_oa_location":{"id":"doi:10.2139/ssrn.7006158","doi":"https://doi.org/10.2139/ssrn.7006158","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.7006158","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W4403096892","https://openalex.org/W3169225414","https://openalex.org/W2006706046","https://openalex.org/W1986819560","https://openalex.org/W1583033718","https://openalex.org/W7095485944","https://openalex.org/W81843453","https://openalex.org/W3123667225","https://openalex.org/W1566362731","https://openalex.org/W2297613311"],"abstract_inverted_index":null,"counts_by_year":[],"updated_date":"2026-11-09T13:22:03.289127","created_date":"2026-07-30T00:00:00"}