G2TT
来源类型Discussion paper
规范类型论文
来源IDDP17006
DP17006 When and Why Do Buyers Rate in Online Markets?
Konrad O Stahl; Tobias Klein; Xiang Hui
发表日期2022-02-04
出版年2022
语种英语
摘要Online ratings play an important role in many markets. We study the often disputed information content of these ratings, by proposing a reduced-form Bayesian model of the typical buyer’s rating decision. Our empirical evidence based on eBay raw data is in line with even intricate predictions from it. We thus have good reasons to calibrate the model to moments of the data. Our simulations suggest that the rating record reveals the seller’s type after about 100 transactions, or 65-70 ratings.
主题Industrial Organization
关键词Online markets Rating Reputation
URLhttps://cepr.org/publications/dp17006-0
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/545952
推荐引用方式
GB/T 7714
Konrad O Stahl,Tobias Klein,Xiang Hui. DP17006 When and Why Do Buyers Rate in Online Markets?. 2022.
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