## Benford’s Law and Naturally Occurring Prices in Certain ebaY Auctions

*David E. Giles*;

- Subject: Benford’s Law, auction prices, football, Kuiper test, Watson test
- jel: jel:C12 | jel:D44 | jel:C16 | jel:C14

acm: TheoryofComputation_GENERAL | ComputingMilieux_COMPUTERSANDSOCIETY

We show that certain the winning bids for certain ebaY auctions obey Benford’s Law. One implication of this is that it is unlikely that these bids are subject to collusion among bidders, or “shilling” on the part of sellers. Parenthetically, we also show that numbers fr... View more

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