Experimental study of market reputation mechanisms

We experimentally compare low-information, high-information and self-reporting reputation mechanisms. The results indicate players strategically reacted to the reputation mechanisms, with higher information mechanisms increasing market efficiency. Categories and Subject Descriptors J.4 [Computer Applications]: SOCIAL AND BEHAVIORAL SCIENCES General Terms Economics, Experimentation, Human Factors Keywords experimental economics, reputation, markets

• Type: Conference
• Year: 2004
• Where: SIGECOM
• Authors: Kay-Yut Chen, Tad Hogg, Nathan Wozny
• Keywords: Mechanisms Increasing Market, Reputation Mechanisms, Self-reporting Reputation Mechanisms, SIGECOM 2004