Search results for " MARKET FAILURES"

Reputazione, fiducia e mercati

2016

In the last years ex ante monitoring tools based on digital “reputation” are developing very fast gaining a crucial role in in global markets. Based on technologies that enable information about individuals’ actions and reputations to circulate within a specific context, these systems help building trust by diminishing asymmetric information. Since they create rewards and sanctions, reputational systems significantly improve decision-making by consumers and help developing well-functioning markets, lessening the need for regulatory oversight, but also generate new problems and challenges. Manipulation and gaming may provide less than accurate information, resulting in reputational harms, ge…