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2006-05-02
英文文献:The Effects Of Trader'S Reputation On Market Exchange
英文文献作者:Sporleder, Thomas L.
英文文献摘要:
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.
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