Adverse selection and moral hazard in anonymous markets

We study the effects of improvements in eBay’s rating mechanism on seller exit and continuing sellers’ behavior. Following a large sample of sellers over time, we exploit the fact that the rating mechanism was changed to reduce strategic bias in buyer rating. That improvement did not lead to increas...

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Bibliographic Details
Authors and Corporations: Klein, Tobias J., Lambertz, Christian (Author), Stahl, Konrad (Author)
Other Authors: Lambertz, Christian 1982- , Stahl, Konrad 1941-
Type of Resource: E-Book
Mannheim: ZEW, 2013
Series: Zentrum für Europäische Wirtschaftsforschung: ZEW discussion papers ; 13-050
Source:Verbunddaten SWB
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