Decentralized applications do not have a single centralized authority that can safeguard peers in the system from malicious attacks. Each peer is autonomous and must adopt measures to protect itself. Reputation-based trust management systems enable peers to develop trust relationships with each other based on their reputations. These trust relationships help a peer determine the trustworthiness...

In online commerce, a buyer cannot directly examine the product and has to rely heavily on the reliability of the seller. In this setting, the reputation of the seller, together with any other information signals on the quality of the product, can play an important role in determining the buyer’s willingness to pay for the good. However, while the impact of reputation on willingness to pay for ...

In online commerce, a buyer cannot directly examine the product and has to trust the seller for the product description and delivery. In this setting, the reputation of the seller, together with any other information signals on the quality of the product, can play an important role in determining the buyer’s willingness to pay for the good. However, while the impact of reputation on willingness...

The purpose of this study is to examine the link between determinants competitive advantage and itself at private institutions by mediating performance A Excelled accredited programs. This employs a qualitative approach which comprises literature review. With data gathered from documents relating advantage, factors success programs institutions. discovered that program has significant positive ...

This paper investigates the use of reputation in an economy where principals hire agents for two different kinds of tasks, in which the agents have differing aptitudes. Principal-agent matches are remade every period, but a principal can acquire some information on the past behavior of her current agent. This allows consideration of two different reputation mechanisms—one in which an agent’s pa...

Reputation risk as one of the most important risks in any competitive industry and market should be considered before all the risks of the enterprise which also affects other risks. This research aims to review and manage reputation risk in the framework of enterprise risk management. Considering the importance of the subject and lack of available studies in this field, the innovation of presen...

The risk of a reputation loss can provide an informal enforcement mechanism when contracts are incomplete. This paper provides evidence that reputation and formal incentives to monitor are substitutes in syndicated lending. Formal incentives in a loan syndicate are determined by the amount of funding the monitoring bank provides to a loan. Using within-firm estimators, we show that monitoring b...

This paper considers a reputation model of optimal taxation in which the public is unsure about the government type. A long-lived government can be trustworthy (meaning that it commits to its announced tax rate) or opportunistic (meaning that it retains the ability to change its tax rate after announcing it). Unlike in most prior studies, the committed strategy in this model is optimally chosen...