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Modeling and estimating returns to seller reputation with unobserved heterogeneity in online auctions

Listed author(s):
  • Shiu, Ji-Liang
  • Sun, Chia-Hung D.
Registered author(s):

    This study provides an alternative approach that takes account of the unobserved effects of each seller under a sample selection framework. Empirical findings, after converting the Yahoo! Japan Auctions dataset into unbalanced panel data, show that seller reputation remains an important factor for buyers when bidding on items, while the sample data confirm the unobserved heterogeneity of sellers and the sample selection problem.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0264999314001096
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    Article provided by Elsevier in its journal Economic Modelling.

    Volume (Year): 40 (2014)
    Issue (Month): C ()
    Pages: 59-67

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    Handle: RePEc:eee:ecmode:v:40:y:2014:i:c:p:59-67
    DOI: 10.1016/j.econmod.2014.03.014
    Contact details of provider: Web page: http://www.elsevier.com/locate/inca/30411

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