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Country-Specific Effects of Reputation in Online Auctions – An Introduction

  • Christopher Schlägel

Abstract

On eBay’s website, the eBay Marketplace is described as an online platform for the sale of goods and services through auctions and fixed-prices, offered by individuals and small businesses on a local, national, and international level (eBay, 2009a). Since its foundation in 1995, eBay consistently pursued an internationalization strategy to gain access to foreign markets and is now directly or indirectly active in 39 countries. In 2008, with more than 84 million active buyers and sellers worldwide and a total value of sold items of $59.3 billion with 46% from operations in the United States (hereafter U.S.) and 54% from international business operations, eBay was the largest international online auction market (eBay, 2009b).

Keywords

Institutional Framework Uncertainty Avoidance Reputation System Auction Price Online Auction 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Gabler Verlag | Springer Fachmedien Wiesbaden GmbH 2011

Authors and Affiliations

  • Christopher Schlägel

There are no affiliations available

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