Lars

38%
Flag icon
When feedback on eBay wasn’t anonymous, a dissatisfied buyer who did other buyers a service by making his dissatisfaction known ran the risk of retaliation from the seller. Particular buyers and sellers may have been benefiting (or, in some cases, punishing) each other by giving reciprocal feedback, but they hurt the market as a whole by limiting the supply of accurate information.
Who Gets What — and Why: The New Economics of Matchmaking and Market Design
Rate this book
Clear rating
Open Preview