Publication: Is there a market for trusted car data?
Is there a market for trusted car data?
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Bauer, I., Zavolokina, L., & Schwabe, G. (2020). Is there a market for trusted car data? Electronic Markets, 30(2), 211–225. https://doi.org/10.1007/s12525-019-00368-5
Abstract
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Abstract
The used-car trade is characterized by information asymmetries between buyers and sellers leading to uncertainty and distrust,thus causing market inefficiencies. Prior research has shown that blockchain offers a solution: a transparent, trustworthy andverified car history that addresses these issues in the market for ‘lemons’. Yet, whether or not there really is a market for trustedcar data remains an open question. In particular, it is unclear if trusted car data increases transparency in the market for lemons andhow market participa
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Bauer, I., Zavolokina, L., & Schwabe, G. (2020). Is there a market for trusted car data? Electronic Markets, 30(2), 211–225. https://doi.org/10.1007/s12525-019-00368-5