Author(s)

Y. M. Dib¹, N. Roumieh², G. Saab², M. Maroun³

¹Department of Mathematics, Kurah, Lebanon.
²Department of Economics, Balamand University, Kurah, Lebanon.
³Department of Mathematics, Notre Dame University, Louaize, Lebanon.

Effects of price, sold items, negative feedbacks, positive feedbacks, or no feedbacks are studied for online market engines mainly through eBay. Random walk type model is established to measure the duration that sellers with business effected negatively in order to turn it around. This study was based on data from eBay where not only prices play a role in selling items but also the impact factor that buyers depend on in general. This impact factor was studied for five different types of sellers over the same duration selling the same commodity.

Rating System, Seller Reputation, eBay, Markov Chain, Stochastic Process

Dib, Y. , Roumieh, N. , Saab, G. and Maroun, M. (2019) Effect of Feedback on eBay Sellers’ Business Using Markov Chain. Journal of Mathematical Finance, 9, 325-344. doi: 10.4236/jmf.2019.93019.