dorsal/arxiv
View SchemaBuyer feedback as a filtering mechanism for reputable sellers
| Authors | Paolo Laureti, Frantisek Slanina, Yi-Kuo Yu, Yi-Cheng Zhang |
|---|---|
| Categories | |
| ArXiv ID | physics/0207020 |
| URL | https://arxiv.org/abs/physics/0207020 |
| DOI | 10.1016/S0378-4371(02)01215-3 |
| Journal | Physica A, Volume 316, Issues 1-4, 15 December 2002, Pages 413-429 |
Abstract
We propose a continuum model for the description of buyer and seller dynamics in an Internet market. The relevant variables are the research effort of buyers and the sellers' reputation building process. We show that, if a commercial web-site gives consumers the possibility to rate credibly sellers they bargained with, vendors are forced to be more honest. This leads to mutual beneficial symbiosis between buyers and sellers; the overall enhanced volume of transactions contributes ultimately to the web-site, which facilitates the matchmaking service.
{
"annotation_id": "28e6c334-9ea4-4a40-86d9-74cceee2e5a7",
"date_created": "2026-03-02T18:00:39.475000Z",
"date_modified": "2026-03-02T18:00:39.475000Z",
"file_hash": "c64ed3d61e5e77a89798f23bc76d1e5ec6769a782056b2318250d96499dfa375",
"private": false,
"record": {
"abstract": "We propose a continuum model for the description of buyer and seller dynamics\nin an Internet market. The relevant variables are the research effort of buyers\nand the sellers\u0027 reputation building process. We show that, if a commercial\nweb-site gives consumers the possibility to rate credibly sellers they\nbargained with, vendors are forced to be more honest. This leads to mutual\nbeneficial symbiosis between buyers and sellers; the overall enhanced volume of\ntransactions contributes ultimately to the web-site, which facilitates the\nmatchmaking service.",
"arxiv_id": "physics/0207020",
"authors": [
"Paolo Laureti",
"Frantisek Slanina",
"Yi-Kuo Yu",
"Yi-Cheng Zhang"
],
"categories": [
"physics.soc-ph",
"cond-mat.stat-mech",
"nlin.AO",
"q-fin.GN"
],
"doi": "10.1016/S0378-4371(02)01215-3",
"journal_ref": "Physica A, Volume 316, Issues 1-4, 15 December 2002, Pages 413-429",
"title": "Buyer feedback as a filtering mechanism for reputable sellers",
"url": "https://arxiv.org/abs/physics/0207020"
},
"schema_id": "dorsal/arxiv",
"source": {
"execution_id": "f8ee4f43-52cf-4a68-ac21-dbb0db98ba45",
"id": "arXiv Dataset IDs",
"type": "Model",
"variant": "snapshot-2026-03-01",
"version": "0.1.0"
},
"user_id": 1000002
}