Seller reputation and price gouging: Evidence from the COVID ‐19 pandemic
نویسندگان
چکیده
منابع مشابه
Seller Reputation
Seller reputation is an important asset because buyers often choose sellers on the basis of their reputation. This is particularly true when the quality of the good or service transacted is hard to measure and the parties cannot perfectly contract on the outcome of the transaction. As a consequence, the seller will be mindful of building and maintaining a good reputation through the information...
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Price gouging occurs when, in the wake of an emergency, sellers of a certain necessary goods sharply raise their prices beyond the level needed to cover increased costs. Most people think that price gouging is immoral, and most states have laws rendering the practice a civil or criminal offense. The purpose of this paper is to explore some of the philosophic issues surrounding price gouging, an...
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Pandemics are associated with significant and destructive national and global impacts on health, economy, society, and security. COVID-19 pandemic has imposed adverse economic consequences on the whole population. This is while the elderly and those with comorbidities, the economically disadvantaged and ethnic minorities were at increased risk of viral infection. Moreover, the mortality rate an...
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This study examines the impact of a seller’s reputation on sale price in online auctions. A model of bidding behavior demonstrates how a faulty reputation signal, in terms of its ability to convey information to potential bidders, may cause the bidder with the highest valuation of the item to lose the auction to a bidder with a lower valuation. Data from 2,002 auctions of gift cards provide evi...
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After the appearance of COVID-19, the clinical and professional activities of private clinics and public health systems were challenged. Tele rehabilitation system is required to provide rehabilitation services during the COVID 19 pandemic. Tele-rehabilitation services are available for many years, for which necessary infrastructure, laws, and instructions have been considered, but in Iran, the...
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ژورنال
عنوان ژورنال: Economic Inquiry
سال: 2021
ISSN: 0095-2583,1465-7295
DOI: 10.1111/ecin.12993