Construct · 1 fields · 1 citations

reputation premium: a standalone construct

One name. One construct. A landmark on the map.

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A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Economics

the higher price buyers are willing to pay to an online seller with an established good reputation compared with a new seller.

In economics, reputation premium refers to the higher price buyers are willing to pay to an online seller with an established good reputation compared with a new seller. This meaning comes from Resnick (2006) in Experimental Economics.[1]

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Nearby constructs

good2 fields · 5 citationsjingle · one word, two constructs premium4 fields · 4 citationsjingle · one word, four constructs reputation4 fields · 4 citationsjingle · one word, four constructs

References

Resnick, P., Zeckhauser, R., Swanson, J., & Lockwood, K. (2006). The value of reputation on eBay: A controlled experiment. Experimental Economics, 9(2), 79-101. https://doi.org/10.1007/s10683-006-4309-2

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