Proceedings of the 4th ACM conference on Electronic commerce
Running up the bid: detecting, predicting, and preventing reserve price shilling in online auctions
ICEC '03 Proceedings of the 5th international conference on Electronic commerce
Analysis and Design of Business-to-Consumer Online Auctions
Management Science
Managing Online Auctions: Current Business and Research Issues
Management Science
Evaluation and Design of Online Cooperative Feedback Mechanisms for Reputation Management
IEEE Transactions on Knowledge and Data Engineering
The ties that bind: Social network principles in online communities
Decision Support Systems
Information markets for product attributes: A game theoretic, dual pricing mechanism
Decision Support Systems
Reputation evaluation for choosing a trustworthy counterparty in C2C e-commerce
Electronic Commerce Research and Applications
Trust mechanisms in wireless sensor networks: Attack analysis and countermeasures
Journal of Network and Computer Applications
A dynamic reputation system with built-in attack resilience to safeguard buyers in e-market
ACM SIGSOFT Software Engineering Notes
An experimental study of reputation with heterogeneous goods
Decision Support Systems
International Journal of E-Business Research
Fraud on Taobao: an application of routine activity theory
International Journal of Business Information Systems
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This paper provides a comprehensive framework for evaluating the effects of feedback systems, and the potential problems with feedback systems, on seller incentives to provide high quality products under the case of asymmetric information. In particular, a baseline auction system without a feedback-based reputation system is first modeled and it is shown that the market for the sale of high quality products may not be sustainable. We then show how the institution of a feedback system can lead to sustainable market outcomes. Next, we demonstrate how three practices - the changing of identifications by dishonest sellers, shilling, and failure to leave feedback - can negate the usefulness of the feedback system in maintaining the market. Finally, we describe some actions that may be taken to overcome these problems. These results highlight the important role market managers play in ameliorating these market failure problems and ensuring the effective functioning of a market.