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Market Transparency, Adverse Selection, and Moral Hazard

Market Transparency, Adverse Selection, and Moral Hazard

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_1866647572

Market Transparency, Adverse Selection, and Moral Hazard

About this item

Full title

Market Transparency, Adverse Selection, and Moral Hazard

Publisher

Chicago: University of Chicago Press

Journal title

The Journal of political economy, 2016-12, Vol.124 (6), p.1677-1713

Language

English

Formats

Publication information

Publisher

Chicago: University of Chicago Press

More information

Scope and Contents

Contents

We study how an improvement in market transparency affects seller exit and continuing sellers’ behavior in a market setting that involves informational asymmetries. The improvement was achieved by reducing strategic bias in buyer ratings. It led to a significant increase in buyer satisfaction with seller performance, but not to an increase in selle...

Alternative Titles

Full title

Market Transparency, Adverse Selection, and Moral Hazard

Authors, Artists and Contributors

Identifiers

Primary Identifiers

Record Identifier

TN_cdi_proquest_miscellaneous_1866647572

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_1866647572

Other Identifiers

ISSN

0022-3808

E-ISSN

1537-534X

DOI

10.1086/688875

How to access this item