- please rewrite the paragraph provided in the image in high quality style. Cabr

Question

- please rewrite the paragraph provided in the image in high quality style.

Cabral and Hortaçsu 2010) and horizontally by using a seller-specific search. One can find all the items on which a bidder has bid in the last month, as well as the complete feedback history of both sellers and buyers. One also can generate a unique dataset from eBay. Katkar and Reiley (2006) conducted a field experiment and Bapna et al. (2008) offered a sniping program to eBay bidders in order to gather data. Garratt et al. (2004) recruited eBay bidders for an Internet experiment on second-price auctions. Before beginning our review we would like to mention several other literature reviews and an early survey of the eBay market. In 1998 Lucking-Reiley (2000) pro- vided an accurate overview of the eBay market in the early days of its development. Bajari and Hortaçsu (2004) is also an excellent survey of the early literature. Ocken- fels et al. (2006) is a thorough and detailed analysis of electronic auctions, focusing especially on the experimental literature. In contrast with these papers, we will not spend much time analyzing market design. eBay is reluctant to change their format since they face substantial opposition from

Explanation / Answer

Cabral and Hortacsu conducted a survey exclusively on seller-specific search. In this search,all the possible items on which bidder has bid in the previous month can be traced. It also provides the complete history on the feedback given for both sellers and buyers. Thus an incomparable dataset form eBay can also be created.

In order to gather data on sellers, Katkar and Reiley (2006) conducted a field experiment.In addition to that a sniping program was offered to e-Bay bidders by Bapna et al. The research was even more refined by Garratt et al, by whom the eBay bidders were recruited in order to carry out an Internet experiment on second-price auctions.

To mention some significant literature reviews and a beginer survey of the eBay market, an accurate overview of the eBay market in the initial days of its development is being provided by Lucking Reiley in 1998.

Bajari and Hortacsu conducted a well defined survey of the primitive literature. Ocken-fels et al conducted a well defined and detailed study of electronic auctions, and their prime focus was on the experimental literature.

The author has decided not to spend much time in the analysis of market design as sufficient work has already been done in this context.

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