Abstract

With the ongoing evolution of the Internet as a trading platform and the corresponding paradigm change from small non-anonymous markets to their large anonymous utility computing pendants, new challenges arise. One of them is the promotion of trust in these new markets as it is an essential prerequisite for bilateral economic exchange [2]. This work tries to meet this challenge by using an evolutionary game-theoretic approach in combination with institutions. Starting from a basic trust game it will show that the introduction of institutions will lead to the crowding in of trustworthy behavior, even if no special detection capabilities are available.

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