Table 2 OLS regression models predicting the number of bids and final price: eBay auctions 2009 to 2012.

All regressions include year, start month, end month, start day, end day, duration and product fixed effects.

(1)
Bids
(2)
Price
(3)
Log price
(4)
Log price
(5)
Log price
(6)
Log price
(gift cards)
Woman−0.885***−4.880***−0.054***−0.029***−0.056***−0.068***
(0.027)(0.306)(0.002)(0.002)(0.003)(0.016)
Woman × new−0.190***
(0.006)
Woman buyer0.030***
(0.003)
Card title price0.006***
(0.000)
New1.198***29.447***0.212***0.265***0.210***−0.236
(0.041)(0.470)(0.003)(0.004)(0.005)(0.189)
Percent positive feedback0.013**0.0810.0010.0010.000−0.005
(0.004)(0.051)(0.000)(0.000)(0.001)(0.003)
Reputation0.003***0.023***−0.000***−0.000***−0.000***−0.000
(0.000)(0.002)(0.000)(0.000)(0.000)(0.000)
Reputation × reputation−0.000***−0.000***0.000***0.000***0.000***0.000
(0.000)(0.000)(0.000)(0.000)(0.000)(0.000)
Years in eBay0.013***0.248***0.014***0.014***0.013***0.013***
(0.003)(0.039)(0.000)(0.000)(0.000)(0.002)
Start price−0.036***0.487***0.002***0.002***0.002***0.001***
(0.000)(0.001)(0.000)(0.000)(0.000)(0.000)
Reserve (dummy)0.446***43.648***0.265***0.265***0.279***0.361***
(0.061)(0.702)(0.005)(0.005)(0.008)(0.078)
Bold title1.851***36.857***0.155***0.155***0.162***0.020
(0.060)(0.687)(0.005)(0.005)(0.007)(0.085)
Number of pictures0.367***3.988***0.037***0.037***0.039***−0.000
(0.007)(0.084)(0.001)(0.001)(0.001)(0.026)
Stock photo−0.072*1.474***0.016***0.016***0.015***0.029
(0.033)(0.380)(0.003)(0.003)(0.004)(0.029)
Same state−0.110*−2.079***−0.009*−0.008*−0.002−0.033
(0.046)(0.534)(0.004)(0.004)(0.006)(0.030)
Constant19.520***186.958***4.819***4.808***3.752***2.545***
(0.532)(6.124)(0.041)(0.041)(0.057)(0.351)
R20.3540.7030.7420.7430.7370.637
n615,735.000615,115.000615,115.000615,115.000259,777.00010,979.000

*Significance at the 95% level.

**Significance at the 99% level.

***Significance at the 99.9% level.