“…First, we delineated the relationship between no feedback and purchase intention with perceived risk. Previous research has shown that various factors such as personality, information, price, and others all affect purchase intention (Bell & Arthur Jr., 2008; Chang & Wildt, 1994; Chatterjee, 2001; Xu & Jin, 2022), and several studies have examined reputation and feedback in online markets (Filieri, Lin, et al, 2021; Filieri, Raguseo, & Vitari, 2021; Lee et al, 2008; Shen & Liu, 2018a, Shen & Liu, 2018b). Most of the existing research has focused on the relationships between positive or negative reviews and purchase intention (Filieri et al, 2022; Lee et al, 2008; Park et al, 2007; Park & Kim, 2008), and there has been little research investigating transactions with no feedback.…”