consumers. Consumers have the opportunity to browse on different auction sites for the item they really want. Along with this … result of so-called asymmetric information. Trust and reputation mechanisms are intended to address this asymmetric … information distribution. This article surveys the most common trust and reputation systems. -- Vertrauen , Electronic Commerce …

transaction price as its fee. Online auction sites can and do legally disclaim any responsibility for fraud occurring on their … education efforts and appropriate regulation and effective enforcement thereof, the rising numbers of online auction fraud … reported form of Internet fraud, online auction fraud. Part I discusses fraud in the context of online auctions, highlighting …

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 …