Proceedings of the 7th ACM Conference on Electronic Commerce 2006
DOI: 10.1145/1134707.1134728
|View full text |Cite
|
Sign up to set email alerts
|

Minimum payments that reward honest reputation feedback

Abstract: Online reputation mechanisms need honest feedback to function effectively. Self interested agents report the truth only when explicit rewards offset the cost of reporting and the potential gains that can be obtained from lying. Side-payment schemes (monetary rewards for submitted feedback) can make truth-telling rational based on the correlation between the reports of different buyers.In this paper we use the idea of automated mechanism design to construct the payments that minimize the budget required by an i… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1
1

Citation Types

0
57
0

Year Published

2007
2007
2016
2016

Publication Types

Select...
4
3
2

Relationship

2
7

Authors

Journals

citations
Cited by 69 publications
(57 citation statements)
references
References 18 publications
0
57
0
Order By: Relevance
“…According to Prelec (2004) the premise behind this is as follows: If people have a certain belief they tend to believe that this belief is more common than it actually is. We for our part use the peer-prediction method; it assigns scores for each rating based on its probability compared to the reference rating (Jurca et al, 2006).…”
Section: Weighting Schemementioning
confidence: 99%
See 1 more Smart Citation
“…According to Prelec (2004) the premise behind this is as follows: If people have a certain belief they tend to believe that this belief is more common than it actually is. We for our part use the peer-prediction method; it assigns scores for each rating based on its probability compared to the reference rating (Jurca et al, 2006).…”
Section: Weighting Schemementioning
confidence: 99%
“…For each rating Participant j has posted, he receives a score based on the probability distribution of the given rating and the scoring function used by the peer prediction method (Miller, Resnick, Zeckhauser, 2005). In our implementation, the scoring function is the linear programming function proposed by Jurca (2006). It maximizes the payoff when a participant is honest.…”
Section: Formulae and Notationmentioning
confidence: 99%
“…Computational trust models usually ignore the fact that many participants have economic incentives and behave rationally. The second solution category comprises the mechanism design approaches that use reputation as a sanctioning tool to enforce cooperation and establish trust among rational participants by penalizing bad peers and rewarding good ones [Dellarocas 2005a;Jurca and Faltings 2006;Miller et al 2005]. Rational peers are opportunistic and adapt their behaviors strategically to maximize their expected lifetime utilities.…”
Section: A Short Version Of This Article Is Published In Proceedings mentioning
confidence: 99%
“…A second interesting direction is to filter out the reports that are very far from the common distribution [9]. Intuitively, these reports are either erroneous, or intentionally try to introduce significant perturbations towards desired values.…”
Section: Incentives For Truthful Re-portingmentioning
confidence: 99%