Max Riegel

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When everyone is in the same place, good reputations can be earned naturally by honest businesspeople. But (to paraphrase a famous cartoon) on the Internet no one knows you’re a reputable businessman. As a customer, it’s a whole lot harder to assess the reputation of someone whom you know only by a username and whose other customers you’ve likely never met.
Who Gets What — and Why: The New Economics of Matchmaking and Market Design
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