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We introduce dynamic incentives into distributed systems via formally incorporating (decentralized) suppliers/users' reputation. Reputation aligns contributors’ incentives with platform welfare and makes myopic service providers internalize their long-term impacts. Starting with Proof-of-Stake...
Persistent link: https://www.econbiz.de/10014352504
Digital platforms sometimes offer incentives to a subset of sellers to nudge behavior, possibly affecting the behavior of all sellers in the equilibrium. In this paper, we study a policy change on a large e-commerce platform that offers financial incentives only to platform-certified sellers...
Persistent link: https://www.econbiz.de/10014078195
Digital platforms sometimes offer incentives to a subset of sellers to nudge behavior, possibly affecting the behavior of all sellers in the equilibrium. In this paper, we study a policy change on a large e-commerce platform that offers financial incentives only to platform-certified sellers...
Persistent link: https://www.econbiz.de/10013307259
Persistent link: https://www.econbiz.de/10014458482
Digital platforms sometimes offer incentives to a subset of sellers to nudge behavior, possibly affecting the behavior of all sellers in the equilibrium. In this paper, we study a policy change on a large e-commerce platform that offers financial incentives only to platform-certified sellers...
Persistent link: https://www.econbiz.de/10013342943