We study the effects of improvements in market transparency on eBay on seller exit and continuing sellers' behavior. An … improvement in market transparency by reducing strategic bias in buyer ratings led to a significant increase in buyer valuation … the latter because of lower cost. Increasing market transparency improves on market outcomes. …

After describing the essential features of the book market, a welfare analysis of the fixed book price agreement is … market is one of imperfect competition, but even so the cross-subsidy argument is unlikely to be valid. A qualitative …

The widespread use of markets leads to unprecedented material well-being in many societies. We study whether market … highly influential paper, Falk and Szech (2013) provide experimental data that seem to suggest that "market interaction … corroborate their conclusion. These treatments, however, reveal that repeated play and not market interaction causes the erosion …