Adverse Selection and Reputation Systems in Online Auctions: Evidence fom eBay Motors

@inproceedings{Wolf2005AdverseSA,
  title={Adverse Selection and Reputation Systems in Online Auctions: Evidence fom eBay Motors},
  author={James R. Wolf and Waleed A. Muhanna},
  booktitle={ICIS},
  year={2005}
}
While the possibility of adverse selection is present in many transactional settings, online auctions appear to be especially susceptible to the problem. Unlike buyers in most traditional settings, online auction shoppers are physically unable to inspect the products for sale and must rely on pictures and descriptions provided by the seller. If buyers cannot distinguish quality until after the purchase has been made, there is no incentive for sellers to provide high quality products. As a… CONTINUE READING
Highly Cited
This paper has 22 citations. REVIEW CITATIONS

From This Paper

Figures, tables, and topics from this paper.

Citations

Publications citing this paper.
Showing 1-10 of 10 citations

References

Publications referenced by this paper.
Showing 1-10 of 30 references

Fairness and the Assumptions of Economics.

  • J. Knetsch, R. Thaler
  • Management Strategy,
  • 2005

A Direct Test of the “Lemons” Model: The Market for Used Pickup Trucks,

  • E. W. Bond
  • Management Science
  • 2004
2 Excerpts

The Behavioral Foundations of Stewardship Accounting and a Proposed Program of Research

  • J. Dickhaut, K. McCabe
  • Industrial Economics
  • 2004