Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5078157 | International Journal of Industrial Organization | 2012 | 6 Pages |
Abstract
⺠We discuss the complementary roles of discretion and restricted competition in reinforcing relational/reputational forces. ⺠We present preliminary evidence on the likely benefits of allowing buyers to use reputation indicators and restricted auctions. ⺠Finally, we report preliminary results form an experiment showing that reputational mechanisms can be designed to stimulate new entry rather that hindering it.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Giancarlo Spagnolo,