Article ID Journal Published Year Pages File Type
10493168 Journal of Business Research 2005 13 Pages PDF
Abstract
The reputation system, or Feedback Forum as it is called on eBay, is considered the most critical element for success in online auctions. Previous studies have examined only “aggregate” reputation measures. This research extends the investigation into “detailed” reputation-system information elements by classifying online-auction reputation information as a rating-and-review (RR) type of “word-of-web” (WOW). We discovered, via a study of rating-and-review WOW from 86 websites, a characteristic that is unique to online auctions-“bidirectionality”-and, in a study of online-auction utilization, found that indeed several “detailed” reputation-system elements, such as feedback reviews, are processed during consumer/bidder decision making.
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Social Sciences and Humanities Business, Management and Accounting Business and International Management
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