In economic approaches it is often argued that reputation considerations influence the behavior of individuals or firms … and that reputation influences the outcome of markets. Empirical evidence is rare though. In this contribution we argue … that a positive reputation of sellers should have an effect on selling prices. Analyzing auctions of popular DVDs at eBay …

This paper studies the role of communication and reputation in market interactions using data from online procurement … auctions. Not only positive reputation ratings but also engaging in communication increases a bidder’s probability of winning … the auction. Messages are primarily used to reduce the asymmetric information associated with transactions …

auctions. In such equilibria auction revenue is an increasing convex function of seller reputation. Allowing unit …-bid, second-price, single-unit auctions for imperfect substitute goods to unit-demand buyers. Among other applications, these … settings can serve as an abstraction of large scale decentralized Internet auction marketplaces, such as eBay. I characterize …

This paper analyzes bidding fee auctions --- an auction format in which bidders pay a fee every time they bid. In these … auctions, the prize value diminishes as the auction progresses, and the person who pays the most does not necessarily win …. Bidding fee auction websites are an increasingly common way to shop online. In my sample of 52 million bids from 64 …

bidders with a reputation for defaulting, counter to the idea of deterring such behavior. Our auction experiments support …Winners in online auctions frequently fail to complete purchases. Major auction platforms therefore allow "second …-chance" offers, where the runner-up bidder pays his own bid price, and they let sellers leave negative feedback on buyers who default …

costly, auction platforms often allow sellers to make a "secondchance" offer to the second highest bidder, to buy at the bid … price of this bidder, and let sellers leave negative feedback on buyers who fail to pay. We show theoretically that, all … addition, buyer reputation systems create a strategic effect that rewards bidders who have a reputation for defaulting, counter …

exists in four auction formats: first-price, second-price, all-pay and the English auction. We obtain a strict ranking in … terms of expected revenues: the first-price and all-pay auctions are dominating the English auction but are dominated by the … second-price auction. Expected revenue equivalence is restored asymptotically for the number of bidders going to infinity …

of reputation on sale price. In contrast, our results point to a highly significant, and sizable, impact of reputation on … reputation. Several aspects distinguish our work from most existing research. We analyze a heterogeneous panel data consisting of … a large number of observations over a large period of time, including significant variation in reputation across and …