Effect of Feedback on eBay Sellers’ Business Using Markov Chain

Effects of price, sold items, negative feedbacks, positive feedbacks, or no feedbacks are studied for online market engines mainly through eBay. Random walk type model is established to measure the duration that sellers with business effected negatively in order to turn it around. This study was based on data from eBay where not only prices play a role in selling items but also the impact factor that buyers depend on in general. This impact factor was studied for five different types of sellers over the same duration selling the same commodity.

• Publication year

  2019

• Venue

  Journal of Mathematical Finance

• Publication date

  2019-06-19

• Fields of study

  Mathematics, Business, Economics

• Identifiers
  DOI 10.4236/JMF.2019.93019
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

• Optimization of Cash Management Fluctuation through Stochastic Processes

  2018cited by this paper
• The value of a good reputation online: an application to art auctions

  2011cited by this paper
• The Impact of a Seller's Ebay Reputation on Price

  2010cited by this paper
• Auction characteristics, seller reputation, and closing prices: evidence from eBay sales of the iPhone

  2010cited by this paper
• The Effect of Reputation on Selling Prices in Auctions

  2008cited by this paper
• The value of reputation on eBay: A controlled experiment

  2006cited by this paper
• Reputation in Auctions: Theory, and Evidence from e Bay

  2006influential reference
• How Valuable Is a Good Reputation? A Sample Selection Model of Internet Auctions

  2005cited by this paper
• ADVERSE SELECTION IN ELECTRONIC MARKETS: EVIDENCE FROM ONLINE STAMP AUCTIONS

  2004cited by this paper
• How Effective Are Electronic Reputation Mechanisms? An Experimental Investigation

  2004cited by this paper
• Trust in the New Economy

  2003cited by this paper
• Reputation, Information Signals, and Willingness to Pay for Heterogeneous Goods in Online Auctions

  2003influential reference
• Trust among strangers in internet transactions: Empirical analysis of eBay' s reputation system

  2002influential reference
• Valuing Information : Evidence from Guitar Auctions on

  2002cited by this paper
• Reputation in an Internet Auction Market

  2002cited by this paper
• Evidence of the Effect of Trust Building Technology in Electronic markets: Price Premiums and Buyer Behavior

  2002cited by this paper
• Pennies from Ebay: The Determinants of Price in Online Auctions

  2000cited by this paper
• The Production of Trust in Online Markets

  1999cited by this paper
• Building trust in the electronic market through an economic incentive mechanism

  1999cited by this paper
• Reputation and Product Quality

  1984cited by this paper
• Consumer Information, Product Quality, and Seller Reputation

  1982cited by this paper
• The Role of Market Forces in Assuring Contractual Performance

  1981cited by this paper

• No citing papers are available for this paper.