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Multi-homing sellers and loyal buyers on darknet markets
| Content Provider | Semantic Scholar |
|---|---|
| Author | Calis, Thijmen Tsekouras, Dimitrios |
| Copyright Year | 2018 |
| Abstract | The trade in illicit drugs via darknet markets has risen vastly over the past years. Forced shutdowns of markets by the government have not deterred buyers and sellers but only displaced them to different markets. This paper analyzed the effect of multi-homing in a shutdown market on a sellers sales performance in a surviving market in the period after a shutdown. The results indicate that multi-homing sellers who multi-homed in the shutdown market significantly increase in sales relative to both multi-homers who were active in other markets and single-homers. This evidence suggests that buyers are loyal to a multi-homing seller even when they have to switch markets. The effect is conditional on the reputation of a seller in the shutdown market, which indicates that reputation influences buyers in their decision to remain loyal. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://www.gwern.net/docs/www/www.rsm.nl/ffa90539a52b6ccbc7734737575452a533bd6f58.pdf |
| Alternate Webpage(s) | https://www.rsm.nl/fileadmin/Images_NEW/Departments/TOM/Calis_Thijmen_Thesis.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
