Many Internet markets rely on quot;feedback systemsquot;, essentially social networks of reputation, to facilitate … trust and trustworthiness in anonymous transactions. Market competition creates incentives that arguably may enhance or curb … strangers networks (where market encounters are one-shot) most frequently enhances trust and trustworthiness, and always …

Many Internet markets rely on ‘feedback systems’, essentially social networks of reputation, to facilitate trust and … market encounters are one-shot) most frequently enhances trust and trustworthiness, and always increases total gains … each other) in promoting trust and trustworthiness if the market is sufficiently competitive. We conclude that, overall …

statutory law in regulating online auctions to provide higher degrees of trust (over and above that generated through the use of …

The internet has facilitated the creation of new markets characterized by large scale, increased customization, rapid …-commerce, internet job matching and financial exchanges, and other internet platforms. I also discuss the empirical evidence on … competition and consumer behavior in internet markets and some directions for future research. …

Exchange between anonymous actors in Internet auctions corresponds to a one-shot prisoner's dilemma-like situation …, reputation, trust, and cooperation, and of the impact of institutions on the efficiency of markets. In this study we report …