Reputation Formation and the Evolution of Cooperation in Anonymous Online Markets

American Sociological Review

Volumn 79, Issue 1, 2014, Pages 65-85

  Diekmann, Andreas ^a   Jann, Ben ^b   Przepiorka, Wojtek ^c   Wehrli, Stefan ^a  

^a ETH ZURICH   (Switzerland)

^b UNIVERSITY OF BERN   (Switzerland)

^c UNIVERSITY OF OXFORD   (United Kingdom)

Author keywords

cooperation; online markets; reciprocity; reputation; trust

Indexed keywords

ALTRUISM; COOPERATIVE BEHAVIOR; INTERNET; MARKET; RECIPROCITY;

EID: 84893383102     PISSN: 00031224     EISSN: 19398271     Source Type: Journal    
DOI: 10.1177/0003122413512316     Document Type: Article

References (64)

1. Akerlof George A.The Market for 'Lemons': Quality Uncertainty and the Market Mechanism.Quarterly Journal of Economics. 1970;84:488-500.
2. Allison Paul D.Fixed Effects Regression Models. Thousand Oaks, CA: Sage; 2009:.
3. Andreoni James.Impure Altruism and Donations to Public Goods: A Theory of Warm-Glow Giving.Economic Journal. 1990;100:464-77.
4. Ba Sulin,Pavlou Paul A.Evidence of the Effect of Trust Building Technology in Electronic Markets: Price Premiums and Buyer Behavior.MIS Quarterly. 2002;26:243-68.
5. Bajari Patrick,Hortacsu Ali.Economic Insights from Internet Auctions.Journal of Economic Literature. 2004;42:457-86.
6. Becker Gary S.Altruism, Egoism and Genetic Fitness: Economics and Sociobiology.Journal of Economic Literature. 1976;14:817-26.
7. Blau Peter M.Exchange and Power in Social Life. New York: Wiley; 1964:.
8. Bolton Gary E.,Greiner Ben,Ockenfels Axel.Engineering Trust: Reciprocity in the Production of Reputation Information.Management Science. 2013;59:265-85.
9. Bolton Gary E.,Katok Elena,Ockenfels Axel.How Effective Are Electronic Reputation Mechanisms? An Experimental Investigation.Management Science. 2004;50:1587-1602.
10. Brown Martin,Falk Armin,Fehr Ernst.Relational Contracts and the Nature of Market Interactions.Econometrica. 2004;72:747-80.
11. Buskens Vincent,Raub WernerGroup Cohesion, Trust and Solidarity. Lawler E. J.Thye S. R., ed. Amsterdam: JAI Press; 2002:167-202.
12. Camerer Colin F.Behavioral Game Theory. Princeton, NJ: Princeton University Press; 2003:.
13. Coleman James S.Foundations of Social Theory. Cambridge, MA: The Belknap Press of Harvard University Press; 1990:.
14. Cook Karen S.,Hardin Russell,Levi MargaretCooperation Without Trust?. New York: Russell Sage Foundation; 2007:.
15. Cook Karen S.,Rice Eric R. W.,Gerbasi AlexandraCreating Social Trust in Post-Socialist Transition. Kornai J.Rothstein B.Rose-Ackerman S., ed. New York: Palgrave MacMillan; 2004:193-212.
16. Cosmides Leda,Tooby JohnThe Adapted Mind. Barkow J. H.Cosmides L.Tooby J., ed. New York: Oxford University Press; 1992:163-228.
17. Dasgupta ParthaTrust: Making and Breaking Cooperative Relations. Gambetta D., ed. Oxford: Basil Blackwell; 1988:49-72.
18. Davison A. C.,Hinkley D. V.,Young G. A.Recent Developments in Bootstrap Methodology.Statistical Science. 2003;18:141-57.
19. DellarocasChrysanthosFanMingWoodCharles A.2004. "Self-Interest, Reciprocity, and Participation in Online Reputation Systems." Working Paper 205, MIT Center for Digital Business.
20. Dellarocas Chrysanthos,Wood Charles A.The Sound of Silence in Online Feedback: Estimating Trading Risks in the Presence of Reporting Bias.Management Science. 2008;54:460-76.
21. Diekmann Andreas,Jann Ben,Wyder DavideTrust: Forming Relationships in the Online World. Cook K. S.Snijders C.Buskens V.Cheshire C., ed. New York: Russell Sage; 2009:139-65.
22. DiMaggio Paul,Louch Hugh.Socially Embedded Consumer Transactions: For What Kinds of Purchases Do People Most Often Use Networks?.American Sociological Review. 1998;63:619-37.
23. Downs AnthonyAn Economic Theory of Democracy. New York: Harper & Row; 1957:.
24. Fehr Ernst,Fischbacher Urs,Gächter Simon.Strong Reciprocity, Human Cooperation, and the Enforcement of Social Norms.Human Nature. 2002;13:1-25.
25. Gambetta DiegoThe Oxford Handbook of Analytical Sociology. Hedström P.Bearman P., ed. Oxford: Oxford University Press; 2009:168-94.
26. Gintis Herbert.Strong Reciprocity and Human Sociality.Journal of Theoretical Biology. 2000;206:169-79.
27. Gouldner Alvin W.The Norm of Reciprocity: A Preliminary Statement.American Journal of Sociology. 1960;25:161-78.
28. Granovetter MarkNetworks and Organizations: Structure, Form, and Action. Nohira N.Eccles R. G., ed. Boston: Harvard Business School Press; 1992:25-56.
29. Greif Avner.Reputation and Coalitions in Medieval Trade: Evidence on the Maghribi Traders.Journal of Economic History. 1989;49:857-82.
30. Guala Francesco.Reciprocity: Weak or Strong? What Punishment Experiments Do (and Do Not) Demonstrate.Behavioral and Brain Sciences. 2012;35:1-15.
31. Guimarães Paulo,Portugal Pedro.A Simple Feasible Alternative Procedure to Estimate Models with High-Dimensional Fixed Effects.Stata Journal. 2010;10:628-49.
32. Gulati Ranjay,Gargiulo Martin.Where Do Interorganizational Networks Come From?.American Journal of Sociology. 1999;104:1439-93.
33. Güth Werner,Ockenfels AxelJahrbuch für Neue Politische Ökonomie. Holler M. J.Kliemt H.Schmidtchen D.Streit M., ed. Tübingen: Mohr Siebeck; 2003:157-74.
34. Hardin RussellTrust and Trustworthiness. New York: Russell Sage Foundation; 2002:.
35. Hardin Russell.Internet Capital.Analyse & Kritik. 2004;26:122-38.
36. Heath AnthonyRational Choice and Social Exchange: A Critique of Exchange Theory. Cambridge: Cambridge University Press; 1976:.
37. Heckathorn Douglas D.Collective Action and the Second-Order Free-Rider Problem.Rationality and Society. 1989;1:78-100.
38. Jappelli Tullio,Pagano Marco.Information Sharing, Lending and Defaults: Cross-Country Evidence.Journal of Banking & Finance. 2002;26:2017-45.
39. Jian Lian,MacKie-Mason Jeffrey K.,Resnick PaulThe B.E. Journal of Economic Analysis & Policy. Article; 2010:92.
40. Jones Candace,Hesterly William S.,Borgatti Stephen P.A General Theory of Network Governance: Exchange Conditions and Social Mechanisms.Academy of Management Review. 1997;22:911-45.
41. Kollock Peter.The Emergence of Exchange Structures: An Experimental Study of Uncertainty, Commitment, and Trust.American Journal of Sociology. 1994;100:313-45.
42. Kollock PeterAdvances in Group Processes. Lawler E. J.Macy M. W., ed. Amsterdam: JAI Press; 1999:99-123.
43. Livingston Jeffrey A.Organizing the New Industrial Economy. Baye M. R., ed. Amsterdam: Elsevier; 2003:165-87.
44. Long J. ScottRegression Models for Categorical and Limited Dependent Variables. Thousand Oaks, CA: Sage; 1997:.
45. Lucking-Reiley David,Bryan Doug,Prasad Naghi,Reeves Daniel.Pennies from eBay: The Determinants of Price in Online Auctions.Journal of Industrial Economics. 2007;55:223-33.
46. Malinowski BronislawArgonauts of the Western Pacific: An Account of Native Enterprise and Adventure in the Archipelagoes of Melanesian New Guinea. London: Routledge & Kegan Paul; 1922:.
47. Malinowski BronislawCrime and Custom in Savage Society. London: Routledge & Kegan Paul; 1926:.
48. Mauss MarcelThe Gift: The Form and Reason for Exchange in Archaic Society. London: Routledge; [1950] 1990:.
49. Milgrom Paul R.,North Douglass C.,Weingast Barry R.The Role of Institutions in the Revival of Trade: The Law Merchant, Private Judges, and the Champagne Fairs.Economics and Politics. 1990;2:1-23.
50. Mood Carina.Logistic Regression: Why We Cannot Do What We Think We Can Do, and What We Can Do About It.European Sociological Review. 2010;26:67-82.
51. Nowak Martin A.,Sigmund Karl.Evolution of Indirect Reciprocity.Nature. 2005;437:1291-98.
52. Przepiorka Wojtek.Buyers Pay For and Sellers Invest in a Good Reputation: More Evidence from eBay.Journal of Socio-Economics. 2013;42:31-42.
53. de Quervain Dominique J.-F.,Fischbacher Urs,Treyer Valerie,Schellhammer Melanie,Schnyder Ulrich,Buck Alfred,Fehr Ernst.The Neural Basis of Altruistic Punishment.Science. 2004;305:1254-58.
54. Resnick Paul,Zeckhauser RichardThe Economics of the Internet and E-Commerce. Baye M. R., ed. Amsterdam: Elsevier; 2002:127-57.
55. Resnick Paul,Zeckhauser Richard,Friedman Eric,Kuwabara Ko.Reputation Systems.Communications of the ACM. 2000;43:45-48.
56. Resnick Paul,Zeckhauser Richard,Swanson John,Lockwood Kate.The Value of Reputation on eBay: A Controlled Experiment.Experimental Economics. 2006;9:79-101.
57. Schmieder Johannes F.gpreg: Stata Module to Estimate Regressions with Two Dimensional Fixed Effects. Boston College, Department of Economics, Statistical Software Components. 2009;:S457048.
58. Shapiro Carl.Premiums for High Quality Products as Return to Reputation.Quarterly Journal of Economics. 1983;98:659-80.
59. Snijders Chris,Weesie JeroeneTrust: Forming Relationships in the Online World. Cook K. S.Snijders C.Buskens V.Cheshire C., ed. New York: Russell Sage Foundation; 2009:166-85.
60. Trivers Robert L.The Evolution of Reciprocal Altruism.Quarterly Review of Biology. 1971;46:35-57.
61. Uzzi Brian.Social Structure and Competition in Interfirm Networks: The Paradox of Embeddedness.Administrative Science Quarterly. 1997;42:35-67.
62. Yamagishi Toshio,Cook Karen S.,Watabe Motoki.Uncertainty, Trust and Commitment Formation in the United States and Japan.American Journal of Sociology. 1998;104:165-94.
63. Yamagishi Toshio,Matsuda Masafumi,Yoshikai Noriaki,Takahashi Hiroyuki,Usui YukihiroeTrust: Forming Relationships in the Online World. Cook K. S.Snijders C.Buskens V.Cheshire C., ed. New York: Russell Sage Foundation; 2009:73-108.
64. Zucker Lynne G.Production of Trust: Institutional Sources of Economic Structure, 1840-1920.Research in Organizational Behavior. 1986;8:53-111.