Does Cheap Talk Affect Market Outcomes? Evidence from eBay
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We study the use of and response to cheap talk by firms and their consumers, focusing on unverifiable promises of charitable donations on eBay. For transactions during March 2005 May 2006, cheap talk listings have lower sales probabilities but sell at higher prices when they are successful. The
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美国国家经济研究局创建时间：
2018-03-01
