Reducing Online Buyers' Perceptions of Risk: A Study of Online Auctions

While the popularity of online shopping and participation in online auctions continues to increase, online exchanges are characterized by the problem of information asymmetry as buyers tend to approach purchase situations with a good deal of trepidation. In the context of online auctions, buyers hav...

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Veröffentlicht in:Services marketing quarterly 2011-04, Vol.32 (2), p.83-95
1. Verfasser: Hamer, Lawrence O.
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description While the popularity of online shopping and participation in online auctions continues to increase, online exchanges are characterized by the problem of information asymmetry as buyers tend to approach purchase situations with a good deal of trepidation. In the context of online auctions, buyers have access to a variety of information that can be used to assess the trustworthiness of sellers. The present study uses data from eBay to investigate the manner in which these types of information increase or decrease buyers' propensities to engage in the auctions and the amount buyers are willing to pay.
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subjects Auctions
buyer behavior
Consumer behavior
e-commerce
Electronic commerce
market signals
online shopping
perceived risk
Perceptions
Retailing
Risk assessment
Studies
title Reducing Online Buyers' Perceptions of Risk: A Study of Online Auctions
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