Reputation in Auctions: Theory, and Evidence from e Bay

作者：Daniel E. Houser, John C. Wooders · 发表于：Journal of Economics & Management Strategy · 年份：2006 · DOI：10.1111/j.1530-9134.2006.00103.x · 被引用次数：697 · 研究领域：Auction Theory and Applications、Game Theory and Applications、Experimental Behavioral Economics Studies

Employing a procedure suggested by a simple theoretical model of auctions in which bidders and sellers have observable and heterogenous reputations for default, we examine the effect of reputation on price in a data set drawn from the online auction site eBay. Our main empirical result is that seller's, but not bidder's, reputation has an economically and statistically significant effect on price.