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ITrust workshop
Glasgow 2-4 Sep 2002 | | |
Economics of trust and experimentation
Simplest model
Role of trust
Role of reputation
A "invests in" B, B gives something back to A -- B is trusted party.
A gives to B, B returns a proportion, but profits 3 times the difference.
Game to experiment with different behaviours,
based on profit models
Experiments yield contradictory results
IBM experiments: multiple players
Use of reputation information does
More information -- even negative!!! -- causes greater investment! (branding effect?) ...
may be rational result.
...
Ebay as research testbed on trust??
Investigate possible sting behaviours?
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