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Trust and Electronic Commerce in the Agrifood Sector. A Trust Model and Experimental Experiences

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Author Info
Fritz, Melanie
Hausen, Tobias
Schiefer, Gerhard
Canavari, Maurizio

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Abstract

Opportunities coming from electronic commerce provide interesting support options for the Agrifood sector. However, due to the product specific information asymmetry in the agrifood sector, the anonymity of the medium creates a lack of trust increasing transaction costs to engage in e-commerce. This paper develops a trust model for electronic commerce in the agrifood industry allowing for the analysis of trust determinants in traditional agrifood transaction relationships and their transfer to appropriate trust determinants in the e-commerce environment. First experimental results validating the suitability of the model to derive appropriate electronic trust generating elements for a given agrifood transaction environment are presented.

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Publisher Info
Paper provided by European Association of Agricultural Economists in its series 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark with number 24742.

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Date of creation: 2005
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Handle: RePEc:ags:eaae05:24742

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Related research
Keywords: transaction costs; asymmetric and private information; laboratory experiment; electronic commerce; trust; Agribusiness; D23; D82; C91;

References listed on IDEAS
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  1. Nelson, Phillip, 1970. "Information and Consumer Behavior," Journal of Political Economy, University of Chicago Press, vol. 78(2), pages 311-29, March-Apr. [Downloadable!] (restricted)
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  1. Matopoulos, Aristides & Vlachopoulou, Maro & Manthou, Vicky, 2006. "Exploring Trust in E-B2B Relationships," 99th Seminar, February 8-10, 2006, Bonn, Germany 7757, European Association of Agricultural Economists. [Downloadable!]
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This page was last updated on 2009-11-26.


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