Asymmetric Information and Reputation Systems in Internet Transactions
نویسندگان
چکیده
منابع مشابه
Reputation Systems: Facilitating Trust in Internet Interactions
The Internet has created vast new opportunities to interact with strangers. The interactions can be fun, informative, even profitable. But they also involve risks. Is the advice from a self-proclaimed expert at expertcentral.com reliable? Will an unknown dot-com site or eBay seller ship with appropriate packaging, and will the product be as described? Before the Internet, such questions were an...
متن کاملAsymmetric Information, Reputation, and Welfare in Online Credit Markets
This paper studies the impact of reputation/feedback systems on the operation of online credit markets using data from Prosper.com. The ability of lenders to recover their loans is one of the main concerns in these markets, where the problems of asymmetric information are two-fold. On the one hand, borrowers differ in their inherent risks; on the other hand, additional incentives are necessary ...
متن کاملTrust Among Strangers in Internet Transactions: Empirical Analysis of eBay’s Reputation System
Reputations that are transmitted from person to person can deter moral hazard and discourage entry by bad types in markets where players repeat transactions but rarely with the same player. On the Internet, information about past transactions may be both limited and potentially unreliable, but it can be distributed far more systematically than the informal gossip among friends that characterize...
متن کاملUsing Reputation Information on Internet-of-Services Markets
The paper identifies trusting problems between autonomous services in the Internet-of-Services (IoS). This scenario vision describes a general computational paradigm, which allows companies to procure computational resources externally. The arising conflicting interests between providers and consumers lead to strategic behaviour of single services. Usually trust and reputation models are propos...
متن کاملInternet (Information/Skill) Literacy in Iran
This study examines the associations of internet information literacy with two variables: (1) the ability to work with technical aspects of the internet (internet skill), and (2) attitudes about the need for qualitative necessities in the development of e-services. A hierarchical regressions software analyzes data from a national sample of 2134 internet users. In this paper, internet literacy i...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Material Cycles and Waste Management Research
سال: 2013
ISSN: 1883-5864,2187-4808
DOI: 10.3985/mcwmr.24.177