make a voluntary payment, a bonus, after observing advice quality. While the combination of competition and reputation …. Thus, our results suggest that a voluntary component can act as a substitute for either competition or reputation …

Reputation systems play a central role in a variety of marketplaces to eliminate information asymmetry between sellers … and buyers. Despite their crucial role, the design of reputation systems remains a complicated issue. Some platforms try … to disclose as much product information as possible through their reputation systems, by encouraging consumers to leave …

reputation might not be able to address information asymmetries due to the multiple shortcomings of existing online reputational …. I suggest a co-regulatory framework for the regulation of online reputation that could help promote the transparency and …