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Asymmetric Information , Adverse Selection and Online Disclosure : The Case of eBay Motors
| Content Provider | Semantic Scholar |
|---|---|
| Author | Lewis, Gregory |
| Copyright Year | 2006 |
| Abstract | In the main text of the paper, I argued that there is a relationship between disclosure costs and market participation, because of the potential for adverse selection. The intuition is that with zero disclosure costs, everyone discloses and there is effectively no information asymmetry. On the other hand, with infinite disclosure costs, no-one discloses and there may be adverse selection. One might suspect that the case with positive costs is “in-between”, and that adverse selection is increasing in disclosure costs. Here I provide a simple price-taking model that formalizes this intution. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://people.virginia.edu/~sns5r/microwkshp/lewis.pdf |
| Alternate Webpage(s) | http://www.gsb.stanford.edu/sites/default/files/documents/ame_11_07_lewis.pdf |
| Alternate Webpage(s) | http://www.economics.harvard.edu/faculty/lewis/files/eBay_final.pdf |
| Alternate Webpage(s) | https://assets.aeaweb.org/assets/production/articles-attachments/aer/data/june2011/20090124_app.pdf |
| Alternate Webpage(s) | http://scholar.harvard.edu/files/lewis/files/Final%20Working%20Paper.pdf |
| Alternate Webpage(s) | http://people.hss.caltech.edu/~mshum/ec106/lewiscars.pdf |
| Alternate Webpage(s) | http://public.econ.duke.edu/~staff/wrkshop_papers/2007-08Papers/Lewis.pdf |
| Alternate Webpage(s) | https://dash.harvard.edu/bitstream/handle/1/4724767/Lewis_AsymmetricInformation.pdf?sequence=2 |
| Language | English |
| Access Restriction | Open |
| Subject Keyword | Adams-Stokes Syndrome Auction algorithm Chimeric antigen receptor Damophila julie Disclosure E-commerce Financial cost Glandularia araucana Graphics HGNC Haile (robot) Han unification Interactive media Manufactured Supplies Nicola Salmoria Personally identifiable information Rudbeckia hirta, black eyed Susan, flower essence Salvia miltiorrhiza Selection algorithm Susan Owicki Web page |
| Content Type | Text |
| Resource Type | Article |
