Skip to main content

Analysis of Focal Information of Individuals: Gaming Approach to C2C Market

  • Conference paper
  • First Online:
Agent-Based Approaches in Economic and Social Complex Systems V

Part of the book series: Agent-Based Social Systems ((ABSS,volume 6))

  • 504 Accesses

Abstract

To analyze the effect of reputation management systems for promoting cooperative behavior in a C2C market, we developed a virtual C2G market system and experimented with participants to analyze transaction and information behaviors. According to the result of our experiment, we found that over 80% of participants behaved cooperatively. However, some participants accumulated high reputation in the early round of the experiment, and then exploited cooperative participants with the high reputation and defective action. The result indicates existence of vulnerability of reputation management system. Based on analysis of information behavior, we also found that cooperative participants often referred the number of defects and duration of ID unchanged. The result indicates cooperative participants prefer risk adverse to choose trustful others to make deal.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 129.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Bolton, G. E., Katok, E. and Ockenfels, A. “How effective are online reputation mechanisms? An experimental study” Management Science 50(11) 1587–1602.2004.

    Article  Google Scholar 

  2. Dellarocas C., “The Digitization of Word of Mouth: Promise and Challenges of Online Feedback Mechanisms”, Management Science, Vol. 49, No. 10, pp.1407–1424, 2003.

    Article  Google Scholar 

  3. Dellarocas, C., “Immunizing Online Reputation Reporting Systems against Unfair Ratings and Discriminatory Behavior”, Proceedings of the 2nd ACM Conference on Electronic Commerce, pp. 17–20, 2000.

    Google Scholar 

  4. Kollock, P., “The Production of Trust in Online Markets”, Advances in Group Processes, Vol.16, pp.99–123, 1999.

    Google Scholar 

  5. McDonald, C, and C. Slawson, “Reputation in An Internet Auction Market”, Economic Inquiry, vol.40, issue 4, pp.633–650, 2002.

    Article  Google Scholar 

  6. Resnick, P. and Zeckhauser, R., “Trust among strangers in internet transactions: Empirical analysis of eBay’s reputation system”, Technical report, University of Michigan, 2001.

    Google Scholar 

  7. Rice, S.,“Online Reputations with Noisy Transactions: An Experimental Study”, 2004 Workshop on Information Systems and Economics.

    Google Scholar 

  8. Ruth, J., and York, A.,“Framing information to enhance corporate reputation: The impact of message source, information type, and reference point” Journal of Business Research vol.57, pp.14–20, 2004.

    Article  Google Scholar 

  9. Yamamoto, H., K. Ishida and T. Ohta, “Modeling Reputation Management System on Online C2C Market”, Computational & Mathematical Organization Theory, Vol. 10, No. 2, pp.165–178, 2004.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2009 Springer

About this paper

Cite this paper

Yamamoto, H., Ishida, K., Ohta, T. (2009). Analysis of Focal Information of Individuals: Gaming Approach to C2C Market. In: Terano, T., Kita, H., Takahashi, S., Deguchi, H. (eds) Agent-Based Approaches in Economic and Social Complex Systems V. Agent-Based Social Systems, vol 6. Springer, Tokyo. https://doi.org/10.1007/978-4-431-87435-5_16

Download citation

Publish with us

Policies and ethics