ENGLISH

Country-Specific Effects of Reputation: A Cross-Country Comparison of Online Auction Markets

By Christopher Schlägel (auth.)

Book information

Publisher
Gabler Verlag
Year
2011
ISBN
978-3-8349-2520-6, 978-3-8349-6532-5
DOI
10.1007/978-3-8349-6532-5
Language
english
Format
PDF
Filesize
1 MB (1284183 bytes)
Edition
1
Pages
203\214
Orientation
yes
Scanned
yes
Time added
2013-10-27 02:59:52
Management/Business for Professionals

Description

Electronic markets have grown rapidly in recent years. One of the largest markets on the Internet is the online auction platform eBay that is active in more than 40 countries and has more than 80 million active users. In order to reduce the problems caused by information asymmetries and one-sided specific investments, eBay employs the same reputation system in the various international markets, which are characterised by different institutional environments. Empirical studies show that the reputation of transaction partners affects the economic outcomes of online auction markets. In four studies, Christopher Schlägel investigates the country-specific effects of reputation and the underlying reasons for these differences.

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