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Secondary markets have adopted a number of quality signaling mechanisms such as certification to reduce information … on the salience and value of a traditional quality signal such as certification? We draw upon a unique and extensive … purchase process to examine the impact of their information-acquisition on the choice of certification, as well as the price …
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Every hedonic price index is an estimate of an unknown economic parameter. It depends, in practice, on one or more random samples of prices and characteristics of a certain good. Bootstrap resampling methods provide a tool for quantifying sampling errors. Following some general reflections on...
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Hedonic pricing models detect latent relationships between the price of a good and its different features. We have used data from online sites from Argentina on used cars to fit a broad model. Various features are significant such as performance, characteristics and equipment according to each...
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From the Efficient Market Hypothesis, a market is efficient if security prices fully and correctly reflect all available information that is relevant for the stock’s pricing. This requires a medium of information dissemination and transaction ordering with both speed and accuracy. This paper...
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<marquage typemarq="italique"/> The web is a gigantic space with one trillion webpages. In such a space where it is critical to find information, search tools offer internet users a way to dig into most of the available online materials. In order to provide their services, search engines need to process information from third...
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There is very little research about how consumers of different races trust online marketing information from businesses or government when making expensive purchase decisions such as cancer treatment medicine. In this article, a large cross-cultural sample was surveyed to evaluate trust belief...
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