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THE EFFECTS OF TRADER'S REPUTATION ON MARKET EXCHANGE

Thomas Sporleder ()

No 270159, 1988 Annual Meeting, August 1-3, Knoxville, Tennessee from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Reputation among traders may be an important phenomenon in commodity markets. A theory of reputation trading in commodity markets is advanced and tested, using experimental economics procedures. Results indicate existence of reputation decreases market efficiency, sellers demand higher price~ from disreputable buyers, and sell smaller quantities to disreputable buyers.

Keywords: International Relations/Trade; Marketing (search for similar items in EconPapers)
Pages: 22
Date: 1988-08-01
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea88:270159

DOI: 10.22004/ag.econ.270159

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