Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5060643 | Economics Letters | 2012 | 4 Pages |
Abstract
This paper studies communication and reputation in market interactions using data from online procurement auctions. Positive reputation ratings and engaging in communication increase a bidder's probability of winning. Messages are primarily used to reduce the asymmetric information associated with transactions.
⺠This paper studies the role of communication and reputation in online procurement auctions. ⺠Gaining positive reputation ratings and sending messages increase a bidder's probability of winning. ⺠Messages are primarily used to reduce the asymmetric information associated with transactions.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Timo Heinrich,