Arbeitspapier
Reputation and certification in online shops
We investigate the impact of self-organized reputation versus certification by an independent institution on demand for online shops. Using data from a large Austrian price comparison site, we show that quality seals issued by a credible and independent institution increase demand more than feedback-based reputation. This result is important for markets where the market-maker must deal with issues of asymmetric information concerning the quality of goods and services in the market.
- Sprache
-
Englisch
- Erschienen in
-
Series: Reihe Ökonomie / Economics Series ; No. 279
- Klassifikation
-
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Firm Behavior: Theory
Criteria for Decision-Making under Risk and Uncertainty
Information and Product Quality; Standardization and Compatibility
- Thema
-
online markets
search engines
signaling
certification
reputation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hackl, Franz
Kügler, Agnes
Winter-Ebmer, Rudolf
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for Advanced Studies (IHS)
- (wo)
-
Vienna
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Hackl, Franz
- Kügler, Agnes
- Winter-Ebmer, Rudolf
- Institute for Advanced Studies (IHS)
Entstanden
- 2011