IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i23p15562-d981310.html
   My bibliography  Save this article

Trust Evaluation Method of E-Commerce Enterprises with High-Involvement Experience Products

Author

Listed:
  • Kun Liang

    (School of Business, Anhui University, Hefei 230601, China)

  • Jun He

    (School of Business, Anhui University, Hefei 230601, China)

  • Peng Wu

    (School of Business, Anhui University, Hefei 230601, China)

Abstract

Purpose: High-involvement experience products (HIEP) are generally characterized by a high value and difficult purchasing decision for customers, and a wrong decision will bring large losses to consumers, severely affecting their trust in enterprises. The purpose of this paper is to solve the problem of trust evaluation of HIEP e-commerce enterprises. Tasks and research methods: First, given the heterogeneity of trust information in the big data context, this paper collects the reputation data of HIEP enterprises and the trust big data of enterprises in industry, commerce and justice by a crawler program. Next, we use the dictionary and pattern matching methods to extract the trust features in text big data and construct the trust evaluation feature set integrating judicial information. Then, based on machine learning methods, we propose a LAS-RS model, which aims to solve the problem of trust evaluation in an imbalanced and high-dimensional data context. Finally, by introducing signal theory, this paper reveals the differential influence mechanism of big data feature variables on the trust of HIEP e-commerce enterprises. Originality: This study further enriches the relevant theories and methods of e-commerce trust evaluation research and is conducive to a better understanding and control of potential trust risks.

Suggested Citation

  • Kun Liang & Jun He & Peng Wu, 2022. "Trust Evaluation Method of E-Commerce Enterprises with High-Involvement Experience Products," Sustainability, MDPI, vol. 14(23), pages 1-19, November.
  • Handle: RePEc:gam:jsusta:v:14:y:2022:i:23:p:15562-:d:981310
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/23/15562/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/14/23/15562/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Wiginton, John C., 1980. "A Note on the Comparison of Logit and Discriminant Models of Consumer Credit Behavior," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 15(3), pages 757-770, September.
    2. Eric Rosenberg & Alan Gleit, 1994. "Quantitative Methods in Credit Management: A Survey," Operations Research, INFORMS, vol. 42(4), pages 589-613, August.
    3. Neve Isaeva & Kira Gruenewald & Mark N. K. Saunders, 2020. "Trust theory and customer services research: theoretical review and synthesis," The Service Industries Journal, Taylor & Francis Journals, vol. 40(15-16), pages 1031-1063, December.
    4. Rohit Aggarwal & Ram Gopal & Alok Gupta & Harpreet Singh, 2012. "Putting Money Where the Mouths Are: The Relation Between Venture Financing and Electronic Word-of-Mouth," Information Systems Research, INFORMS, vol. 23(3-part-2), pages 976-992, September.
    5. Kun Liang & Cuiqing Jiang & Zhangxi Lin & Weihong Ning & Zelin Jia, 2017. "The nature of sellers’ cyber credit in C2C e-commerce: the perspective of social capital," Electronic Commerce Research, Springer, vol. 17(1), pages 133-147, March.
    6. Yili (Kevin) Hong & Paul A. Pavlou, 2014. "Product Fit Uncertainty in Online Markets: Nature, Effects, and Antecedents," Information Systems Research, INFORMS, vol. 25(2), pages 328-344, June.
    7. Lee, Tian-Shyug & Chiu, Chih-Chou & Chou, Yu-Chao & Lu, Chi-Jie, 2006. "Mining the customer credit using classification and regression tree and multivariate adaptive regression splines," Computational Statistics & Data Analysis, Elsevier, vol. 50(4), pages 1113-1130, February.
    8. Ismagilova, Elvira & Slade, Emma & Rana, Nripendra P. & Dwivedi, Yogesh K., 2020. "The effect of characteristics of source credibility on consumer behaviour: A meta-analysis," Journal of Retailing and Consumer Services, Elsevier, vol. 53(C).
    9. Jiménez, Fernando R. & Mendoza, Norma A., 2013. "Too Popular to Ignore: The Influence of Online Reviews on Purchase Intentions of Search and Experience Products," Journal of Interactive Marketing, Elsevier, vol. 27(3), pages 226-235.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kun Liang & Chen Zhang & Cuiqing Jiang, 2022. "Analyzing default risk among P2P platforms based on the LAS-STACK method by considering multidimensional signals under specific economic contexts," Electronic Commerce Research, Springer, vol. 22(1), pages 77-111, March.
    2. Román, Sergio & Riquelme, Isabel P. & Iacobucci, Dawn, 2023. "Fake or credible? Antecedents and consequences of perceived credibility in exaggerated online reviews," Journal of Business Research, Elsevier, vol. 156(C).
    3. Adnan Dželihodžić & Dženana Đonko & Jasmin Kevrić, 2018. "Improved Credit Scoring Model Based on Bagging Neural Network," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 17(06), pages 1725-1741, November.
    4. Dominik Gutt & Jürgen Neumann & Steffen Zimmermann & Dennis Kundisch & Jianqing Chen, 2018. "Design of Review Systems - A Strategic Instrument to shape Online Review Behavior and Economic Outcomes," Working Papers Dissertations 42, Paderborn University, Faculty of Business Administration and Economics.
    5. Agnieszka Zablocki & Bodo Schlegelmilch & Michael J. Houston, 2019. "How valence, volume and variance of online reviews influence brand attitudes," AMS Review, Springer;Academy of Marketing Science, vol. 9(1), pages 61-77, June.
    6. Ibtissem Baklouti, 2014. "A Psychological Approach To Microfinance Credit Scoring Via A Classification And Regression Tree," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 21(4), pages 193-208, October.
    7. Li Gan & Roberto Mosquera, 2008. "An Empirical Study of the Credit Market with Unobserved Consumer Typers," NBER Working Papers 13873, National Bureau of Economic Research, Inc.
    8. Fernandes, Guilherme Barreto & Artes, Rinaldo, 2016. "Spatial dependence in credit risk and its improvement in credit scoring," European Journal of Operational Research, Elsevier, vol. 249(2), pages 517-524.
    9. Young Kwark & Gene Moo Lee & Paul A. Pavlou & Liangfei Qiu, 2021. "On the Spillover Effects of Online Product Reviews on Purchases: Evidence from Clickstream Data," Information Systems Research, INFORMS, vol. 32(3), pages 895-913, September.
    10. Xiao, Lin & Li, Xiaofeng & Zhang, Yucheng, 2023. "Exploring the factors influencing consumer engagement behavior regarding short-form video advertising: A big data perspective," Journal of Retailing and Consumer Services, Elsevier, vol. 70(C).
    11. Lili Li & Jun Yang & Xin Zou, 2016. "A study of credit risk of Chinese listed companies: ZPP versus KMV," Applied Economics, Taylor & Francis Journals, vol. 48(29), pages 2697-2710, June.
    12. Thomas, Lyn C., 2000. "A survey of credit and behavioural scoring: forecasting financial risk of lending to consumers," International Journal of Forecasting, Elsevier, vol. 16(2), pages 149-172.
    13. Fernandes, Guilherme Barreto & Artes , Rinaldo, 2013. "Spatial correlation in credit risk and its improvement in credit scoring," Insper Working Papers wpe_321, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    14. Perez, Dikla & Stockheim, Inbal & Baratz, Guy, 2022. "Complimentary competition: The impact of positive competitor reviews on review credibility and consumer purchase intentions," Journal of Retailing and Consumer Services, Elsevier, vol. 69(C).
    15. Rayo Cantón, Salvador & Lara Rubio, Juan & Camino Blasco, David, 2010. "A Credit Scoring Model For Institutions Of Microfinance Under The Basel Ii Normative," Journal of Economics, Finance and Administrative Science, Universidad ESAN, vol. 15(28), pages 89-124.
    16. Guo, Yanhong & Zhou, Wenjun & Luo, Chunyu & Liu, Chuanren & Xiong, Hui, 2016. "Instance-based credit risk assessment for investment decisions in P2P lending," European Journal of Operational Research, Elsevier, vol. 249(2), pages 417-426.
    17. Jonathan K. Budd & Peter G. Taylor, 2015. "Calculating optimal limits for transacting credit card customers," Papers 1506.05376, arXiv.org, revised Aug 2015.
    18. Donghui Yang & Yan Wang & Shue Mei, 2021. "How to balance online healthcare platforms and offline systems? A supply chain management perspective," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(2), pages 502-515, March.
    19. Naixin Zhu, 2023. "Dissertation on Applied Microeconomics of Freemium Pricing Strategies in Mobile App Market," Papers 2305.09479, arXiv.org.
    20. Zeineb Affes & Rania Hentati-Kaffel, 2016. "Forecast bankruptcy using a blend of clustering and MARS model - Case of US banks," Post-Print halshs-01314553, HAL.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:14:y:2022:i:23:p:15562-:d:981310. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.