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Asymmetric information 1 Asymmetrische Information 1 Experiment 1 Market mechanism 1 Marktmechanismus 1 Reputation 1 Theorie 1 Theory 1
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Free 1
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Book / Working Paper 1
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English 1
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Gazzale, Robert S. 1 Khopkar, Tapan 1
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Williams College Economics Department Working Papers 1
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Remain Silent and Ye Shall Suffer : Seller Exploitation of Reticent Buyers in an Experimental Reputation System
Gazzale, Robert S.; Khopkar, Tapan - 2008
By providing incentives for sellers to act in a trustworthy manner, reputation mechanisms in many online environments can mitigate moral-hazard problems when particular buyers and sellers interact infrequently. However, these mechanisms rely on buyers sharing their private information about...
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