Moving beyond "Reputation"--the Market View of Reality

[Jim Choate]

On Sun, 2 Dec 2001 jamesd at 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.


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