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weight on seller reputation, and that not controlling for dynamics and selection can bias reputation estimates. Using … over seller quality. Typically, these markets use reputation systems to alleviate this issue, but the effectiveness of … auction, or wait for more bids. In the process, she trades-off sellers’ price, reputation, other attributes, and the costs of …
Persistent link: https://www.econbiz.de/10014039786
In this paper, we analyze how different dimensions of a seller's reputation affect pricing power in electronic markets … structure dimensions of importance from feedback posted on reputation systems. By aggregating and scoring these dimensions based … on the sentiment they contain, we use them to estimate a series of econometric models associating reputation with price …
Persistent link: https://www.econbiz.de/10014027272
We build a model of reputation featuring a long-lived player (e.g. an online seller) and an infinite sequence of short …-lived players (e.g. online buyers) which is consistent with three crucial idiosyncrasies of online reputation systems. First …. Third, short-lived players may have partial knowledge about the entire history of the game to date given that the reputation …
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We propose a structural model to study the effect of online product reviews on consumer purchases of experiential products. Such purchases are characterized by limited repeat purchase behavior of the same product item (such as a book title), but significant past usage experience with other...
Persistent link: https://www.econbiz.de/10014043476
current pandemic. Due to the increased use of the Internet, the growth of e-commerce has escalated. This research focuses on …
Persistent link: https://www.econbiz.de/10012887208
As households reduce discretionary spending in response to the COVID-19 pandemic, concerns are high that a resulting fall in aggregate demand can lead to a lasting recession post-COVID-19. Consequently, policies aimed at stimulating consumer spending are of key interest to governments working to...
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