In case you missed this in my Toshio Yamagishi entry...
There is an interesting discussion going on in a Yahoo Group called Decentraliation. Rich Persaud made an interesting comment. I responded. People asked me to post Toshio Yamagishi's paper so I got permission and here it is.
Toshio Yamagishi
Dear Joi,
I have sent the paper out for review--it will take some time for the
paper to get published. Yes, I'm happy that it is widely distributed.
You may do whatever you want to do with the paper.
Best regards,
Toshio
Improving the Lemons Market with a Reputation System: An Experimental Study of Internet Auctioning by Toshio Yamagishi
I'm sorry if this is redundant, but I wanted to sort out this thread and make sure people saw Toshio Yamagishi's paper which is great.
Jim recently linked to this item in Smart Mobs. Just realized that there is no content in this item. ;-) Here is the note I sent to the mailing list...
The two interesting results were that
negative tracking started out with better quality and quickly
degenerated while tracking positive reputation started out rather
low, but grew until it was almost a high as a closed system