Last Updated on 1/16/2007 by bidz
Now here’s an interesting article from www.physorg.com about the buying and selling of positive feedback on eBay – you knew it had to happen:
“Some eBay users are artificially boosting their reputations by buying and selling feedback on the Internet auction site, according to John Morgan, a professor at the University of California, Berkeley’s Haas School of Business.
“eBay harbors an active market for feedback, where users can buy a compliment to artificially boost their feedback status,” Morgan explains. “Users enter this market to leverage their gains in reputation to get higher prices for other, presumably larger, transactions.”
…Why would eBay users buy and sell feedback? Several studies have found that positive feedback results in a higher selling price.”