Often information structures are such that while individual reputation building is impossible groups of agents would … have the possibility of building up a reputation. We experimentally examine whether groups of sellers in markets that … situations where sellers alternatively can build up an individual reputation or where there are no possibilities for reputation …

Repeat transactions are not necessarily the rule in today's global economy. Indirect reputation systems, where buyers … interactions - provided such information is available. This paper examines experimentally to what degree indirect reputation … building substitutes for direct reputation building in repeat interactions in the short run and analyzes the effects these …