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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 …
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We analyse consumers' search and purchase decisions on an Internet platform. Using a rich dataset on all adverts posted … and transactions made on a major French Internet platform (PriceMinister), we show evidence of substantial price …'s reputation) by another available advert. To explain the transactions observed on the platform, we derive and estimate a …
Persistent link: https://www.econbiz.de/10010436160
We analyse consumers' search and purchase decisions on an Internet platform. Using a rich dataset on all adverts posted … and transactions made on a major French Internet platform (PriceMinister), we show evidence of substantial price …'s reputation) by another available advert. To explain the transactions observed on the platform, we derive and estimate a …
Persistent link: https://www.econbiz.de/10013043670
-to-one customization. Hence, we show evidence the Internet acts as a substitute to brick-and-mortar stores for households in relative …
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