Arbeitspapier

The Effect of Reputation on Selling Prices in Auctions

In economic approaches it is often argued that reputation considerations influence the behavior of individuals or firms and that reputation influences the outcome of markets. Empirical evidence is rare though. In this contribution we argue that a positive reputation of sellers should have an effect on selling prices. Analyzing auctions of popular DVDs at eBay we, indeed, find support for this hypothesis. Secondary, we unmask the myth that it is promising for eBay sellers to let their auction end at the evening, when many potential buyers may be online.

Sprache
Englisch

Erschienen in
Series: SFB/TR 15 Discussion Paper ; No. 114

Klassifikation
Wirtschaft
Auctions
Asymmetric and Private Information; Mechanism Design
Contract Law
Retail and Wholesale Trade; e-Commerce
Thema
Reputation
eBay feedback system
auction

Ereignis
Geistige Schöpfung
(wer)
Gürtler, Oliver
Grund, Christian
Ereignis
Veröffentlichung
(wer)
Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
(wo)
München
(wann)
2006

DOI
doi:10.5282/ubm/epub.13437
Handle
URN
urn:nbn:de:bvb:19-epub-13437-6
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Gürtler, Oliver
  • Grund, Christian
  • Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)

Entstanden

  • 2006

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