Showing 1 - 10 of 2,013
The paper investigates the formation of information sharing communities. The environment is characterized by the … anonymity of the contributors and users, as on the Web. Furthermore information exchange is limited to simple recommendations … multiple communities are examined. …
Persistent link: https://www.econbiz.de/10010908139
Despite widespread use in online transactions, rating systems only provide summary statistics of buyers' diverse opinions at best. To investigate the consequences of this coarse form of information aggregation, we consider a dynamic lemons market in which buyers share their evaluations...
Persistent link: https://www.econbiz.de/10014540467
Despite widespread use in online transactions, rating systems only provide summary statistics of buyers' diverse opinions at best. To investigate the consequences of this coarse form of information aggregation, we consider a dynamic lemons market in which buyers share their evaluations...
Persistent link: https://www.econbiz.de/10014233329
An important issue in economics is how market structure affects prices.While the standard view is that competition lowers prices, Chen andRiordan (2006) argued that with product differentiation it is notexceptional for prices to be higher under duopoly than monopoly. Thispaper empirically...
Persistent link: https://www.econbiz.de/10009435113
In this paper we provide a simple new version of Arrow’s impossibility theorem, in a world with only one preference profile. This theorem relies on a new assumption of preference diversity, and we explore alternative notions of preference diversity at length.
Persistent link: https://www.econbiz.de/10010318976
In this paper we provide a simple new version of Arrow’s impossibility theorem, in a world with only one preference profile. This theorem relies on a new assumption of preference diversity, and we explore alternative notions of preference diversity at length.
Persistent link: https://www.econbiz.de/10005827088
An important issue in economics is how market structure affects prices. While the standard view is that competition lowers prices, Chen and Riordan (2006) argued that with product differentiation it is not exceptional for prices to be higher under duopoly than monopoly. This paper empirically...
Persistent link: https://www.econbiz.de/10005622708
anonymity. The standard definition requires that if agents' names are permuted, their assignments should be permuted in the same … way. Since no rule satisfies this definition in this model, we introduce weaker variants, "anonymity on distinct … preferences," "pairwise-anonymity on distinct preferences," "pairwise-anonymity on distinct profiles," and "independence of others …
Persistent link: https://www.econbiz.de/10011421502
weak restrictions on preferences (Local Non-Common Indifference Property) and on the Pareto correspondence (Anonymity) and …
Persistent link: https://www.econbiz.de/10010329994
, 2005) in both anonymity and face-to-face treatments. Subjects consist of students and non-students (citizens) to … in the anonymity treatment, but that is not significantly difference between the anonymity and face-to-face treatments … than in the anonymity treatment; and iv) the receivers who are deceived are more likely to believe a sender's message to be …
Persistent link: https://www.econbiz.de/10010332367