Hope or Hype: On the Viability of Escrow Services as Trusted Third Parties in Online Auction Environments

Published Online:https://doi.org/10.1287/isre.1040.0027

References

  • Aitchison J., Brown J. A. C.The Lognormal Distribution, with Special Reference to Its Uses in Economics (1969) (The Cambridge University Press, Cambridge, U.K.) Google Scholar
  • Akerlof G. The market for lemons: Quality uncertainty and the market mechanism. Quart. J. Econom. (1970) 84(3):488–500CrossrefGoogle Scholar
  • Ba S., Pavlou Paul A. Evidence of the effect of trust building technology in electronic markets: Price premiums and buyer behavior. MIS Quart. (2002) 26(3):243–268CrossrefGoogle Scholar
  • Ba S., Whinston A. B., Zhang H. Building trust in online auction markets through an economic incentive mechanism. Decision Support Systems (2003) 35(3):273–286CrossrefGoogle Scholar
  • Bolton G., Katok E., Ockenfels A. How effective are online reputation mechanisms? An experimental investigation. Management Sci.ForthcomingGoogle Scholar
  • Dellarocas C. The digitization of word-of-mouth: Promise and challenges of online feedback mechanisms. Management Sci. (2003a) 49(10):1407–1424LinkGoogle Scholar
  • Dellarocas C. Efficiency and robustness of binary feedback mechanisms in trading environments with moral hazard. (2003b) . Working Paper 4297-03, Sloan School of Management, MIT, Cambridge, MAGoogle Scholar
  • Friedman E., Resnick P. The social cost of cheap pseudonyms. J. Econom. Management Strategy (2001) 10(2):173–199CrossrefGoogle Scholar
  • Fudenberg D., Tirole J.Game Theory (1991) (The MIT Press, Cambridge, MA) Google Scholar
  • Gibbons R. Game Theory for Applied Economics (1992) (Princeton University Press, Princeton NJ) Google Scholar
  • Internet Fraud Watch (2003) Fraud trends: January–December 2003 http://www.fraud.org/2003internetscams.pdfGoogle Scholar
  • Kauffman R., Wood C. Running up the bid: Modeling seller opportunism in Internet auctions. Proc. 2000 Amer. Conf. (AMCIS) (2000) . Long Beach, CAGoogle Scholar
  • Kollock P., Lawler E. J., Macy M., Thyne S., Walker. The production of trust in online markets. Advances in Group Processes (1999) 16(JAI Press, Greenwich, CT) Google Scholar
  • Kreps D. M. A Course in Microeconomic Theory (1990) (Princeton University Press, Princeton NJ) CrossrefGoogle Scholar
  • Melnik M. I., Alm J. Does a seller's eCommerce reputation matter? Evidence from eBay auctions. J. Indust. Econom. (2002) 50(3):337–349CrossrefGoogle Scholar
  • National Consumers League (NCL) (2001) . Online auction survey summary. January 31, 2001. http://www.natlconsumersleague.org/onlineauctions/auctionsurvey2001.htmGoogle Scholar
  • Resnick P., Zeckhauser R., Baye Michael R. Trust among strangers in Internet transactions: Empirical analysis of eBay's reputation system. The Economics of the Internet and E-Commerce. Advances in Applied Microeconomics (2002) 11(Elsevier Science, Amsterdam, The Netherlands) CrossrefGoogle Scholar
  • Resnick P., Zeckhauser R., Friedman E., Kuwabara K. Reputation systems. Comm. ACM (2000) 43(12):45–48CrossrefGoogle Scholar
  • Wolverton T. eBay brings escrow aboard (2002a) . http://news.com.com/2100-1017-898154.htmlGoogle Scholar
  • Wolverton T. Auction service targets deadbeat bidders (2002b) . http://news.com.com/2100-1017-961312.htmlGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.