Benford's law and naturally occurring prices in certain ebay auctions

被引:66
作者
Giles, David E. [1 ]
机构
[1] Univ Victoria, Dept Econ, Victoria, BC V8W 2Y2, Canada
关键词
D O I
10.1080/13504850500425667
中图分类号
F [经济];
学科分类号
02 ;
摘要
We show that certain winning bids for certain ebay auctions obey Benford's Law. One implication of this is that it is unlikely that these bids are subjected to collusion among bidders, or 'shilling' on the part of sellers. Parenthetically, we also show that numbers from the naturally occurring Fibonacci and Lucas sequences also obey Benford's Law.
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页码:157 / 161
页数:5
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