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Reputation systems aim to induce honest behavior in online trade by providing information about past conduct of users …. Online reputation, however, is not directly connected to a person, but only to the virtual identity of that person. Users can … therefore shed a negative reputation by creating a new account. We study the effects of such identity changes on the efficiency …
Persistent link: https://www.econbiz.de/10010358737
Reputation systems aim to induce honest behavior in online trade by providing information about past conduct of users …. Online reputation, however, is not directly connected to a person, but only to the virtual identity of that person. Users can … therefore shed a negative reputation by creating a new account. We study the effects of such identity changes on the efficiency …
Persistent link: https://www.econbiz.de/10010359305
Community enforcement is an important device for sustaining efficiency in some repeated games of cooperation. We investigate cooperation when information about players' reputations spreads to their future partners through links in a social network that connects them. We find that information...
Persistent link: https://www.econbiz.de/10011773641
Feedback withdrawal mechanisms in online markets aim to facilitate the resolution of conflicts during transactions. Yet, frequently used online feedback withdrawal rules are flawed and may backfire by inviting strategic transaction and feedback behavior. Our laboratory experiment shows how a...
Persistent link: https://www.econbiz.de/10012499119
can be sustained by reputation motives in spite of the inherent conflict of interests between sellers and buyers. In the … absence of “commitment” types, reputation motives are explained as a consequence of equilibrium interplay between the market …, reputation motives do not disappear even after the seller’s ability is revealed. This model is applied to examine the extent to …
Persistent link: https://www.econbiz.de/10014203351
We examine the relationship between collective country reputations and foreign stock returns following news of corporate scandals. We find that investors punish not only the scandalous foreign firm but also other firms from the same country of origin, especially those coming from more...
Persistent link: https://www.econbiz.de/10013220304
Electronic reputation or feedback mechanisms aim to mitigate the moral hazard problems associated with exchange among …
Persistent link: https://www.econbiz.de/10014066626
Reputation systems are emerging as an increasingly important component of online communities, helping elicit good …-depth study of the motivations of trader participation in eBay's reputation system. To examine these questions, we analyze data … expectation of reciprocal behavior from partners increases reputation system participation from self-interested eBay buyers and …
Persistent link: https://www.econbiz.de/10014069983
Reciprocal feedback distorts the production and content of reputation information, hampering trust and trade efficiency … changes in the way feedback information flows through the system, leading to more accurate reputation information, more trust …
Persistent link: https://www.econbiz.de/10012718815
We study the robustness of reputation management systems against distortions in rating behavior. In a laboratory trust … experiment with reputation management, we mimic a positive bias by exclusively offering the option to rate positively or to give …. This highlights the importance of negative ratings for the effectiveness of reputation systems. …
Persistent link: https://www.econbiz.de/10012197593