Engineering Trust - Reciprocity in the Production of Reputation Information

Reciprocal feedback distorts the production and content of reputation information, hampering trust and trade efficiency. Data from eBay and other sources combined with laboratory data provide a robust picture of how reciprocity can be guided by changes in the way feedback information flows through the system, leading to more accurate reputation information, more trust and more efficient trade.

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Year of publication:	2009-03
Authors:	Bolton, Gary E. ; Greiner, Ben ; Ockenfels, Axel
Institutions:	School of Economics, UNSW Business School
Subject:	market design \| reputation \| trust \| reciprocity \| eBay

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Extent:	application/pdf
Series:	Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2009-02 41 pages
Classification:	C73 - Stochastic and Dynamic Games ; C9 - Design of Experiments ; D02 - Institutions: Design, Formation, and Operations ; L14 - Transactional Relationships; Contracts and Reputation; Networks
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005004031