Online consumer-to-consumer market in China - A comparative study of Taobao and eBay

Electronic Commerce Research and Applications

Volumn 7, Issue 1, 2008, Pages 55-67

  Li, Dahui ^a   Li, Jun ^b   Lin, Zhangxi ^b  

^a UNIVERSITY OF MINNESOTA DULUTH   (United States)

^b TEXAS TECH UNIVERSITY   (United States)

Author keywords

China; Consumer to consumer market; Electronic commerce; Market concentration; Market structure; Online reputation

Indexed keywords

CONSUMER PRODUCTS; DATA REDUCTION; ELECTRONIC COMMERCE; MARKETING; OPERATIONS RESEARCH;

MARKET CONCENTRATIONS; MARKET STRUCTURES; ONLINE CONSUMER TO CONSUMER MARKET; ONLINE REPUTATION;

DISTRIBUTED COMPUTER SYSTEMS;

EID: 41749119411     PISSN: 15674223     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.elerap.2007.02.010     Document Type: Article

References (46)

1. AFX News Limited, EBay China to waive transaction fees amid stiff competition - report, January 19, 2006. Retrieved on October 25, 2006 from .
2. Aitchison J., and Brown J.A.C. The Lognormal Distribution, with Special Reference to Its Uses in Economics (1969), The University Press, Cambridge
3. Albert M.R. E-buyer beware: why online auction fraud should be regulated. American Business Law Journal 39 4 (2002) 575-643
4. Analysys International, China's 2005 C2C market users reached 37.87 million with transaction value 13.9 billion, March 9, 2006. Retrieved on November 18, 2006, from .
5. Antony S., Lin Z., and Xu B. Risk relief services in online consumer-to-consumer auctions: an empirical study. Decision Support Systems 42 (2006) 1889-1990
6. Ba S., and Pavlou P.A. Evidence of the effect of trust building technology in electronic markets: price premiums and buyer behavior. MIS Quarterly 26 3 (2002) 243-268
7. Bailey E.E., and Friedlaender A.F. Market structure and multiproduct industries. Journal of Economic Literature 20 3 (1982) 1024-1048
8. Bakos J.Y. Reducing buyer search costs: implications for electronic marketplaces. Management Science 43 12 (1997) 1676-1692
9. Baumol W.J. Contestable markets: an uprising in the theory of industry structure. American Economic Review 72 1 (1982) 1-15
10. Berthon P., Pitt L., Ewing M., and Carr C.L. Potential research space in MIS: a framework for envisioning and evaluating research replication, extension, and generation. Information Systems Research 13 4 (2002) 416-427
11. Cabral L.M.B., and Mata J. On the evolution of the firm size distribution: facts and theory. American Economic Review 93 4 (2003) 1075-1090
12. B. Cassiman, S. Sieber, The impact of Internet on market structure, IESE Research Papers D/467 (2002). Retrieved on November 18, 2006 from .
13. China Net Investor, Newcomers rush into China's C2C market, December 21, 2005. retrieved on October 25, 2006 from .
14. China Net Investor, Taobao beats eBay China in 2005 transaction volume, February 20, 2006. Retrieved on May 12, 2006 from .
15. A.M. Chircu, R.J. Kauffman, Impacts of electronic commerce on optimal market structure, MERIT, November 23-24, 2001.
16. CNNIC, China online shopping market survey report 2006, May 2006. Retrieved on July 10, 2006 from .
17. Dellarocas C. Digitization of word-of-mouth: promise and challenges of online feedback mechanisms. Management Science 49 10 (2003) 1407-1424
18. Dunne T., and Roberts M.J. Pattern of firm entry and exit in US manufacturing industries. RAND Journal of Economics 19 4 (1988) 495-515
19. eBay, FORM 10-K for the year ended December 31, 1998. Retrieved on July 4, 2006 from .
20. Evans D.S. The relationship between firm growth, size, and age: estimates for 100 manufacturing industries. Journal of Industrial Economics 35 4 (1987) 567-581
21. Evans D.S. Tests of alternative theories of firm growth. Journal of Political Economy 95 4 (1987) 657-674
22. W. Fan, Headed by EachNet, e-commerce is seeking for a breakthrough of trust, EB-World 4 (2004). Retrieved on October 16, 2006 from .
23. Friedman E., and Resnick P. The social cost of cheap pseudonyms. Journal of Economics and Management Strategy 10 2 (2001) 173-199
24. R. Gibrat, Les inégalites économiques; applications: aus inégalités des richesses, à la concentration des enterprises, aux populations des villes, aux statistiques des familles, etc., d'une loi nouvelle, la loi de l'effet proportionnel, Librairie de Recueil Sirey, Paris 1931.
25. Greene W.H. Econometric Analysis. second ed. (1993), Prentice Hall, NJ
26. P.E. Hart, N. Oulton, Growth and size of firms, Discussion Paper No. 77, National Institute of Economic and Social Research, 1995.
27. Hart P.E., and Oulton N. Growth and size of firms. Economic Journal 106 438 (1996) 1242-1252
28. Hart P.E., and Prais S.J. The analysis of business concentration: a statistical approach. Journal of the Royal Statistical Society, Series A 119 (1956) 150-191
29. Hirschman A.O. The paternity of an index. American Economic Review 54 5 (1964) 761
30. Hofstede G. Culture's Consequences (1980), Sage, Beverly Hills
31. Hu X., Lin Z., Whinston A.B., and Zhang H. Hope or hype: on the viability of escrow services as trusted third parties in online auction environments. Information Systems Research 15 3 (2004) 236-249
32. Kalecki M. On the Gibrat distribution. Econometrica 13 2 (1945) 161-170
33. Klepper S. Entry, exit, growth, and innovation over the product life cycle. American Economic Reviews 86 3 (1996) 562-583
34. Lin Z., Li D., Janamanchi B., and Huang W. Reputation distribution and consumer-to-consumer online auction market structure. Decision Support Systems 41 2 (2006) 435-448
35. Mansfield E. Entry, Gibrat's law, innovation, and the growth of firms. American Economic Review 52 5 (1962) 1023-1051
36. Nowcy, Two Chinese C2C market operators announced their 2005 fourth quarter financial reports. Retrieved on July 4, 2006 from .
37. Pashigain P. The effect of market size on concentration. International Economic Review 10 (1969) 291-314
38. Resnick P., and Zeckhauser R. Trust among strangers in Internet transactions: empirical analysis of eBay's reputation system. In: Michael R.B. (Ed). The Economics of the Internet and E-Commerce vol. 11 (2002), Elsevier Science, Amsterdam
39. Schwartz M., and Reynolds R.J. Contestable markets: an uprising in the theory of industry structure: comment. American Economic Review 73 3 (1983) 488-490
40. Simon H.A., and Bonini C.P. The size distribution of business firms. American Economic Review 48 4 (1958) 607-617
41. Singh A., and Whittington G. The size and growth of firms. The Review of Economic Studies 42 1 (1975) 15-26
42. Standifird S.S. Reputation and e-commerce: eBay auctions and the asymmetrical impact of positive and negative ratings. Journal of Management 27 3 (2001) 279-295
43. Sutton J. Gibrat's legacy. Journal of Economic Literature 35 1 (1997) 40-59
44. Telang R., Rajan U., and Mukhopadhyay T. Market structure for Internet search engines. Journal of Management Information Systems 21 2 (2004) 137-160
45. Weber E.U., and Hsee C. Cross-cultural differences in risk perception, but cross-cultural similarities in attitudes toward perceived risk. Management Science 44 9 (1998) 1205-1217
46. Xinhua News, Taobao exceeds Wal-Mart in its transaction volume within a single day. Retrieved on July 4, 2006 from .