Animesh, Animesh; Ramachandran, Vandana; Viswanathan, Siva - University of Maryland; University of Maryland; … - 2005
bydifferent degrees of quality-uncertainty. Our results indicate thatthere are significant differences in the bidding strategies … of sellersof search goods as compared to sellers of experience and credence goods,and that there is significant adverse … selection in product categoriescharacterized by greater uncertainty. We discuss the implications of ourfindings for consumers …