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Avusturya Okulu Bilgi Teorileri Ve E‐Ticaret Çerçevesinde Akerlof’un Limon Piyasa Modeli‐ nin Değerlendirilmesi

Yıl 2010, Cilt: 5 Sayı: 1, 175 - 190, 01.04.2010

Öz

Bu çalışma, piyasalarda güven ve itibarın önem ve gelişim sürecini internet piyasasının teorik bir analizi ile anlatmaktadır. Piyasaların fonksiyonel etkinliği için gerekli olan işbirliği, eBay başta olmak üzere değişik internet piyasası örnekleri kullanılarak tartışılmaktadır. Çıkış noktası olarak Akerlof’un “limon modeli” kullanılarak hem bireylerin piyasalarda işbirliği eğiliminde oldukla‐ rı hem de basit güven ağları başarısızlığı duru‐ munda işbirliği sağlayan piyasaların sağlam yapısı gösterilmektedir. Bu anlamda asimetrik bilginin piyasa başarısızlığına yol açtığını öne süren Akerlof’un yaklaşımının tersine, piyasaların dinamik karakteri işbirliği ve güvenilir taahhütler sağlayabilir sonuçlar ortaya çıkarabilmektedir.

Kaynakça

  • Akerlof, G. (1970), “The Market For Lemons: Quality Under Uncertainty and the Market Mechanism”, Quarterly Journal of Economics, 84 (8), 488–500.
  • Alp S. ve A. Karakaş (2008), “Asimetrik Bilgi Teorisi Karşısında Hayek’in Ekonomik Yaklaşımları: Karşılaştırmalı Bir Analiz”, Liberal Düşünce Dergisi, 51‐52, 215‐230.
  • Andrews T. and C. Benzing (2007), “The Determinants of Price in Internet Auctions of Used Cars”, Atlantic Economic Journal, 35, 43–57.
  • Ba, S. and P. A. Pavlou (2002), “Evidence of the Effect of Trust Building Technology in Electronic Markets: Price Premium and Buyer Behavior”, MIS Quarterly, 26 (3), 243–268.
  • Bajari, P. and A. Hortacsu (2004), “Economic Insights from Internet Auctions”, Journal of Economic Literature, 42 (2), 457–486.
  • Birchler, U. and M. Bütler (2007), Information Economics, New‐York: Routledge.
  • Boettke, P.J. and P. T. Leeson (2004), “Liberalism, Socialism, and Robust Political Economy”, Journal of Markets & Morality, 7 (1), 99‐111.
  • Brown J. and J. Morgan. (2006), “Reputation in Online Markets: Some Negative Feedback”, www.imbs.uci.edu/tr/abs/2006/mbs06_10.pdf, (Erişim: 10.02.2009).
  • Carsrud, A. L. and M. E. Brannback (2007), Entrepreneurship (Greenwood Guides to Business and Economics), Greenwood Press.
  • Cowen, T. and E. Crampton (2002), “Introduction”, Ed: T. Cowen and E. Crampton, Market Failure or Success: The New Debate, The Independendent Institute Books, 1‐34.
  • Doney, P. M. and P. Cannon (1997), “An Examination of the Nature of Trust in Buyer‐Seller Relationships”, Journal of Marketing, 61 (2), 35‐51.
  • Drucker, P. (1993), Kapitalist Ötesi Toplum, (Çev: Belkıs Çorakçı Dişbudak), İstan‐ bul: İnkılâp Yayınları.
  • Foss, N. (2000), “Austrian Economics and Game Theory: A Stocktaking and an Evaluation”, Review of Austrian Economics, 13, 41–58.
  • Hayek, F. A. (1945), “The Use of Knowledge in Society”, American Economic Review, 35 (4), 519–30.
  • Ioannides, S. (1999), “Towards an Austrian Perspective on the Firm”, Review of Austrian Economics, 11, 77–97.
  • Keller, T. and S. O. Tergan (2005), “Visualizing Knovledge and Information: An Introduction”, LNCS:3426‐ Berlin, 1–23.
  • Löfgren, K.G.; T. Persson and J. W. Weibull (2002), “Markets with Asymmetric Information: The Contributions of George Akerlof, Michael Spence and Joseph Stiglitz”, Scandinav Journal.of Economics, 104 (2), 195–211.
  • Lucking‐Reiley, D. and D. F. Spulber (2001), “Business‐to‐Business Electronic Commerce”, J. Econ. Perspect., 15 (1), 55–68.
  • Macho‐Stadler, I. and J. D. Perez‐Castrillo (2001), An Introduction to the Economics of Information: Incentives and Contracts, 2th Edition, Oxford: Oxford University Press.
  • Mishra, D. P.; J. B. Heide and S. G. Cort (1998), “Information Asymmetry and Levels of Agency Relationships”, Journal of Marketing Research, 35 (3), 277–295.
  • Molho, I. (1997), The Economics of Information, Oxford: Blackwell Publishers.
  • Oğuz, F. (2000), “The Role of Practical Knowledge in Market Processes:An Assessment of the Austrian Contribution”, Journal of Economic and Social Research, 2 (2), 59‐74.
  • Oğuz, F. (2005), “Bilgi, Regülâsyon ve Rekabet: Bir Piyasa Süreci Yaklaşımı”, Doğuş Üniversitesi Dergisi, 6 (2), 253–267.
  • Resnick, P. and R. Zeckhauser (2002), “Trust Among Strangers in Internet Transactions: Empirical Analysis Of eBay’s Reputation System”, http://www.csag.ucsd.edu, (Erişim: 20.02.2009).
  • Ripsas, S. (1998), “Towards an Interdisciplinary Theory of Entrepreneurship”, Small Business Economics, 10, 103–115.
  • Sarıkaya, M. (2002), “Asimetrik Bilgi Çerçevesinde Müzayedeler”, C.Ü İ.İ.B.F Dergi‐ si, 3 (2), 99–110.
  • Söylemez, A. (2006), “Bilgi Ekonomisi”, 5. Bilgi, Ekonomi ve Yönetim Kongresi, Kocaeli, C.1, 58–78.
  • Steckbeck, M. and P. Boettke (2001), “Turning Lemons into Lemonade: Intrepreneurial Solutions to Adverse Selection Problems in E‐Commerce”, Third Annual Conference of the Association of Historians of the Austrian Tradition in Economic Thought, Pisa‐Lucca, http://economics.gmu.edu/working/WPE_02/ 02_07.pdf, (Erişim: 20.12.2008).
  • Steckbeck, M. (2001), Trust and Reputation in Internet markets with an Application to eBay, Department of Economics, (PhD thesis, unpublished), George Mason University
  • Stiglitz, J. E. (2002), “Information and the Change in the Paradigm in Economics”, American Economic Review, 92, 460–501.
  • Stiglitz, J. E. (2000), “The Contributions of the Economics of Information to Twentieth Century Economics”, The Quarterly Journal of Economics, November, 1441–1478.
  • Swedberg, R. (2006), “The Social Science View of Entrepreneurship: Introduction and Practical Implications”, Ed: Richard Swedberg, Entrepreneurship: The Social Science View, New‐York: Oxford University Press, 7–44.
  • Walden, E. (2000), “Some Value Propositions of Online Communities”, Electronic Markets, 10 (4), 1‐6.
  • Willis, J. L. (2004), “What Impact will e‐Commerce have on the U.S. Economy?”, Economic Review, 89(2), 53–71
  • Wood, J. S. (2005), “The Development and Present State of the Theory of Entrepreneurship in Product and Asset Markets by Knight, Hayek, Schumpeter, Mises, Krizner, Shackle, and Lachmann”, Austrian Scholars Conference 2005.
  • Yay, T. (1993), F.A Hayek’te İktisadi Düşünce: Hayek ve Keynes‐Keynesciler Tartış‐ ması, Bursa: Ezgi Kitabevi Yayınları.
  • Yumuşak, İ.G. (2001), “Elektronik Ticaretin Gelişmekte Olan Ülkelere Etkileri ve Türkiye Üzerine Bir Değerlendirme”, ODTÜ 5. Uluslararası İktisat Kongresi, 11‐13 Eylül 2001.
  • http://www.gittigidiyor.com, (Erişim: 05.03.2009).

The Evaluation of Akerlof's Lemon Market Model within the Frame of Austrian Informa‐ tion Theories and E‐Trade

Yıl 2010, Cilt: 5 Sayı: 1, 175 - 190, 01.04.2010

Öz

This article describes the importance and evolu‐tion of trust and reputation in markets with a theoretical analysis of Internet markets. The cooperation required for markets to function efficiently is discussed using theoretical exam‐ples of various Internet markets, most notably, eBay. Using Akerlof’s lemons model as a point of reference, the author demonstrates both the proclivity for indivuduals to act cooperatively in markets and the robust nature of markets at eliciting cooperation when simple trust Networks fail. Contrary to Akerlof’s assertion that asym‐metric information leads to market failure, the dynamic nature of markets elicits cooperation and credible commitments.

Kaynakça

  • Akerlof, G. (1970), “The Market For Lemons: Quality Under Uncertainty and the Market Mechanism”, Quarterly Journal of Economics, 84 (8), 488–500.
  • Alp S. ve A. Karakaş (2008), “Asimetrik Bilgi Teorisi Karşısında Hayek’in Ekonomik Yaklaşımları: Karşılaştırmalı Bir Analiz”, Liberal Düşünce Dergisi, 51‐52, 215‐230.
  • Andrews T. and C. Benzing (2007), “The Determinants of Price in Internet Auctions of Used Cars”, Atlantic Economic Journal, 35, 43–57.
  • Ba, S. and P. A. Pavlou (2002), “Evidence of the Effect of Trust Building Technology in Electronic Markets: Price Premium and Buyer Behavior”, MIS Quarterly, 26 (3), 243–268.
  • Bajari, P. and A. Hortacsu (2004), “Economic Insights from Internet Auctions”, Journal of Economic Literature, 42 (2), 457–486.
  • Birchler, U. and M. Bütler (2007), Information Economics, New‐York: Routledge.
  • Boettke, P.J. and P. T. Leeson (2004), “Liberalism, Socialism, and Robust Political Economy”, Journal of Markets & Morality, 7 (1), 99‐111.
  • Brown J. and J. Morgan. (2006), “Reputation in Online Markets: Some Negative Feedback”, www.imbs.uci.edu/tr/abs/2006/mbs06_10.pdf, (Erişim: 10.02.2009).
  • Carsrud, A. L. and M. E. Brannback (2007), Entrepreneurship (Greenwood Guides to Business and Economics), Greenwood Press.
  • Cowen, T. and E. Crampton (2002), “Introduction”, Ed: T. Cowen and E. Crampton, Market Failure or Success: The New Debate, The Independendent Institute Books, 1‐34.
  • Doney, P. M. and P. Cannon (1997), “An Examination of the Nature of Trust in Buyer‐Seller Relationships”, Journal of Marketing, 61 (2), 35‐51.
  • Drucker, P. (1993), Kapitalist Ötesi Toplum, (Çev: Belkıs Çorakçı Dişbudak), İstan‐ bul: İnkılâp Yayınları.
  • Foss, N. (2000), “Austrian Economics and Game Theory: A Stocktaking and an Evaluation”, Review of Austrian Economics, 13, 41–58.
  • Hayek, F. A. (1945), “The Use of Knowledge in Society”, American Economic Review, 35 (4), 519–30.
  • Ioannides, S. (1999), “Towards an Austrian Perspective on the Firm”, Review of Austrian Economics, 11, 77–97.
  • Keller, T. and S. O. Tergan (2005), “Visualizing Knovledge and Information: An Introduction”, LNCS:3426‐ Berlin, 1–23.
  • Löfgren, K.G.; T. Persson and J. W. Weibull (2002), “Markets with Asymmetric Information: The Contributions of George Akerlof, Michael Spence and Joseph Stiglitz”, Scandinav Journal.of Economics, 104 (2), 195–211.
  • Lucking‐Reiley, D. and D. F. Spulber (2001), “Business‐to‐Business Electronic Commerce”, J. Econ. Perspect., 15 (1), 55–68.
  • Macho‐Stadler, I. and J. D. Perez‐Castrillo (2001), An Introduction to the Economics of Information: Incentives and Contracts, 2th Edition, Oxford: Oxford University Press.
  • Mishra, D. P.; J. B. Heide and S. G. Cort (1998), “Information Asymmetry and Levels of Agency Relationships”, Journal of Marketing Research, 35 (3), 277–295.
  • Molho, I. (1997), The Economics of Information, Oxford: Blackwell Publishers.
  • Oğuz, F. (2000), “The Role of Practical Knowledge in Market Processes:An Assessment of the Austrian Contribution”, Journal of Economic and Social Research, 2 (2), 59‐74.
  • Oğuz, F. (2005), “Bilgi, Regülâsyon ve Rekabet: Bir Piyasa Süreci Yaklaşımı”, Doğuş Üniversitesi Dergisi, 6 (2), 253–267.
  • Resnick, P. and R. Zeckhauser (2002), “Trust Among Strangers in Internet Transactions: Empirical Analysis Of eBay’s Reputation System”, http://www.csag.ucsd.edu, (Erişim: 20.02.2009).
  • Ripsas, S. (1998), “Towards an Interdisciplinary Theory of Entrepreneurship”, Small Business Economics, 10, 103–115.
  • Sarıkaya, M. (2002), “Asimetrik Bilgi Çerçevesinde Müzayedeler”, C.Ü İ.İ.B.F Dergi‐ si, 3 (2), 99–110.
  • Söylemez, A. (2006), “Bilgi Ekonomisi”, 5. Bilgi, Ekonomi ve Yönetim Kongresi, Kocaeli, C.1, 58–78.
  • Steckbeck, M. and P. Boettke (2001), “Turning Lemons into Lemonade: Intrepreneurial Solutions to Adverse Selection Problems in E‐Commerce”, Third Annual Conference of the Association of Historians of the Austrian Tradition in Economic Thought, Pisa‐Lucca, http://economics.gmu.edu/working/WPE_02/ 02_07.pdf, (Erişim: 20.12.2008).
  • Steckbeck, M. (2001), Trust and Reputation in Internet markets with an Application to eBay, Department of Economics, (PhD thesis, unpublished), George Mason University
  • Stiglitz, J. E. (2002), “Information and the Change in the Paradigm in Economics”, American Economic Review, 92, 460–501.
  • Stiglitz, J. E. (2000), “The Contributions of the Economics of Information to Twentieth Century Economics”, The Quarterly Journal of Economics, November, 1441–1478.
  • Swedberg, R. (2006), “The Social Science View of Entrepreneurship: Introduction and Practical Implications”, Ed: Richard Swedberg, Entrepreneurship: The Social Science View, New‐York: Oxford University Press, 7–44.
  • Walden, E. (2000), “Some Value Propositions of Online Communities”, Electronic Markets, 10 (4), 1‐6.
  • Willis, J. L. (2004), “What Impact will e‐Commerce have on the U.S. Economy?”, Economic Review, 89(2), 53–71
  • Wood, J. S. (2005), “The Development and Present State of the Theory of Entrepreneurship in Product and Asset Markets by Knight, Hayek, Schumpeter, Mises, Krizner, Shackle, and Lachmann”, Austrian Scholars Conference 2005.
  • Yay, T. (1993), F.A Hayek’te İktisadi Düşünce: Hayek ve Keynes‐Keynesciler Tartış‐ ması, Bursa: Ezgi Kitabevi Yayınları.
  • Yumuşak, İ.G. (2001), “Elektronik Ticaretin Gelişmekte Olan Ülkelere Etkileri ve Türkiye Üzerine Bir Değerlendirme”, ODTÜ 5. Uluslararası İktisat Kongresi, 11‐13 Eylül 2001.
  • http://www.gittigidiyor.com, (Erişim: 05.03.2009).
Toplam 38 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Bölüm Research Article
Yazarlar

Salih Alp Bu kişi benim

Yayımlanma Tarihi 1 Nisan 2010
Yayımlandığı Sayı Yıl 2010 Cilt: 5 Sayı: 1

Kaynak Göster

APA Alp, S. (2010). Avusturya Okulu Bilgi Teorileri Ve E‐Ticaret Çerçevesinde Akerlof’un Limon Piyasa Modeli‐ nin Değerlendirilmesi. Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 5(1), 175-190.