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In this paper, we analyze how different dimensions of a seller's reputation affect pricing power in electronic markets. Given the interplay between buyers' trust and sellers' pricing power, we use text mining techniques to identify and structure dimensions of importance from feedback posted on...
Persistent link: https://www.econbiz.de/10014027272
The past few years have witnessed the increasing ubiquity of user-generated content on seller reputation and product condition in Internet based used-good markets. Recent theoretical models of trading and sorting in used-good markets provide testable predictions to use to examine the presence of...
Persistent link: https://www.econbiz.de/10012708791
Using a unique dataset of art auctions on eBay, we conduct an empirical analysis of the value of a seller's online … unobserved differences across auctions. The existing literature suggests a marginally significant, and small in magnitude, impact …
Persistent link: https://www.econbiz.de/10014047588
In this paper we undertake an empirical study of advertising in an online auctions market, or, more precisely …
Persistent link: https://www.econbiz.de/10014026722
value) in a sample of eBay auctions for computers. The measure also allows me to separately estimate the price effects of …, creating an incentive for sellers to reduce uncertainty in their auctions …
Persistent link: https://www.econbiz.de/10014066159
This paper examines incentives for exclusive distribution of content in the presence of advertising. A monopoly seller of content - such as televisation rights to popular sports - may contract with one or both of two competing distributors, charging lump-sum fees. When distributors are...
Persistent link: https://www.econbiz.de/10011083559
There is growing evidence that consumers are influenced by Internet-based opinion forums before making a variety of purchase decisions. Firms whose products are being discussed in such forums are, therefore, tempted to try to manipulate consumer perceptions by posting costly anonymous messages...
Persistent link: https://www.econbiz.de/10014026872
There is growing evidence that consumers are influenced by Internet-based opinion forums before making a variety of purchase decisions. Firms whose products are being discussed in such forums are, therefore, tempted to try to manipulate consumer perceptions by posting costly anonymous messages...
Persistent link: https://www.econbiz.de/10014028980
The Economist puts it best: “The details around network neutrality, the principle that internet-service providers (ISPs) must treat all sorts of web traffic equally, can be mind-numbingly abstruse. But they fuel passion, nonetheless.” A primer already exists in Greenstein, Peitz and Valletti...
Persistent link: https://www.econbiz.de/10012910431
We model a spectrum auction where firms purchase units to participate in a constrained, multi-product, downstream market. We use dynamic programming techniques to numerically solve for the optimal bidding strategy in a clock auction. Firms value constraining competitor market power, so...
Persistent link: https://www.econbiz.de/10014239518