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...

Full Description

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
Language:English
published:
Mannheim: ZEW, 2013
Series: Zentrum für Europäische Wirtschaftsforschung: ZEW discussion papers ; 13-050
Source:Verbunddaten SWB
Lizenzfreie Online-Ressourcen
Loading...