In economic approaches it is often argued that reputation considerations influence the behavior of individuals or firms … and that reputation influences the outcome of markets. Empirical evidence is rare though. In this contribution we argue … that a positive reputation of sellers should have an effect on selling prices. Analyzing auctions of popular DVDs at eBay …

reputation system on market outcomes. We consider both a structured measure summarized in a numerical reputation score and a … buyers trade off reputation (both structured and unstructured) and price and are willing to accept higher bids posted by more … reputable bidders. Sellers also respond to changes in their own reputation through three different channels. They increase their …

The ubiquitous process of digitization changes economic competition on markets in several ways and leads to the … digital goods and markets. In Germany, national competition law was amended in 2017 in order to accommodate for digitization … relevant examples. These developments challenge competition policy, which must consider the special economic characteristics of …