on Sun, Dec 02, 2001 at 12:29:07PM -0600, Jim Choate (ravage@ssz.com) wrote:
On Sun, 2 Dec 2001 jamesd@echeque.com wrote:
Our main interest in reputations is that the value of someone's reputation will stop them from doing bad things.
Actually not, most folks use reputations to do away with security checks they would use othewise. It's a sellers cost cutting measure. If you have a 'good' reputation my cost of diong secure and reliable business will probably(!!!) be lower.
Empirically demonstrated, on eBay, per the Economist. Premium content online: http://www.economist.com/displayStory.cfm?Story_ID=S%26%2BX8%2EQQ%23%25%0A Nutshell summary: reputation nets a 6.8% price advantage (a photo gets you 11.3%). Peace. -- Karsten M. Self <kmself@ix.netcom.com> http://kmself.home.netcom.com/ What part of "Gestalt" don't you understand? Home of the brave http://gestalt-system.sourceforge.net/ Land of the free Free Dmitry! Boycott Adobe! Repeal the DMCA! http://www.freesklyarov.org Geek for Hire http://kmself.home.netcom.com/resume.html