G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w25857
来源IDWorking Paper 25857
Reputation Inflation
Apostolos Filippas; John J. Horton; Joseph M. Golden
发表日期2019-05-20
出版年2019
语种英语
摘要A solution to marketplace information asymmetries is to have trading partners publicly rate each other post-transaction. Many have shown that these ratings are effective; we show that their effectiveness deteriorates over time. The problem is that ratings are prone to inflation, with raters feeling pressure to leave “above average” ratings, which in turn pushes the average higher. This pressure stems from raters’ desire to not harm the rated seller. As the potential to harm is what makes ratings effective, reputation systems, as currently designed, sow the seeds of their own irrelevance.
主题Microeconomics ; Market Structure and Distribution
URLhttps://www.nber.org/papers/w25857
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/583530
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GB/T 7714
Apostolos Filippas,John J. Horton,Joseph M. Golden. Reputation Inflation. 2019.
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