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We study reputations with imperfect audit and a reputation market. The main result shows the existence of a separating equilibrium in the reputation market, which contrasts with Tadelis [Tadelis, S., 2002, The market for reputations as an incentive mechanism, Journal of Political Economy 110(4),...
Persistent link: https://www.econbiz.de/10005296873
Online communities provide a social sphere for people to share information and knowledge. While information sharing is becoming a ubiquitous online phenomenon, how to ensure information quality or induce quality content, however, remains a challenge due to the anonymity of commentators. This...
Persistent link: https://www.econbiz.de/10008479189
Online communities provide a social sphere for people to share information and knowledge. While information sharing is becoming a ubiquitous online phenomenon, how to ensure information quality or induce quality content, however, remains a challenge due to the anonymity of commentators. This...
Persistent link: https://www.econbiz.de/10014203487
We study reputations with imperfect audit and a reputation market. The main result shows the existence of a separating equilibrium in the reputation market, which contrasts with Tadelis [Tadelis, S., 2002, The market for reputations as an incentive mechanism, Journal of Political Economy 110(4),...
Persistent link: https://www.econbiz.de/10014212067
Persistent link: https://www.econbiz.de/10008092894
We develop a system for grid computing where the price of computing tasks is determined by an audited market-exchange. We show a method to provide a variable certificate, called \witness," of program execution with the following property: If two different agents running the same program on the...
Persistent link: https://www.econbiz.de/10012907111
Persistent link: https://www.econbiz.de/10008897593
Online reputation trading is a new phenomenon facilitated by the prosperity of e-commerce and social networks. Whether reputations will be reliable when people can purchase rather than build their reputations is a natural concern and also a challenge to online marketplaces. In the present study,...
Persistent link: https://www.econbiz.de/10014036113