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  • Search: subject:"reputation and adverse selection"
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litigation 1 litigation and moral hazard 1 private ordering 1 reputation 1 reputation and adverse selection 1 reputation and litigation trade-off 1 reputation in markets 1
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Bakos, Yannis 1 Dellarocas, Chrysanthos 1
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Management Science 1
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Cooperation Without Enforcement? A Comparative Analysis of Litigation and Online Reputation as Quality Assurance Mechanisms
Bakos, Yannis; Dellarocas, Chrysanthos - In: Management Science 57 (2011) 11, pp. 1944-1962
Commerce depends on buyers and sellers fulfilling their contractual obligations; mechanisms inducing such performance are essential to well-functioning markets. Internet-enabled reputation mechanisms that collect and disseminate consumer feedback have emerged as prominent means for inducing...
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