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Online Reputation andthe Regulation ofInformationAsymmetries in thePlatform Economy Sofia Ranchordás2018 год

Online Reputation and the Regulation of Information Asymmetries in the Platform Economy
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Аннотация: In recent years, online rating and reputational mechanisms have become increasingly important in the regulation of behavior in the platform economy. Consumers tend to rely on online reviews to distinguish between service providers both in the business-to-consumer and the peer-to-peer economy. The European Commission and the Federal Trade Commission, as well as a strand of legal scholarship, have praised these online mechanisms for generating valuable information while reducing market failures and consumer risks. However, this position has overlooked evidence suggesting that the additional data provided by online reputation might not be able to address information asymmetries and manage risks due to the multiple shortcomings of existing online reputational mechanisms. In this article, I discuss the regulatory potential of online reputational feedback and offer a nuanced reflection on the traditional assumption that the availability of more information in the market reduces the need for public regulation. I suggest a co-regulatory framework for the regulation of online reputation that could help promote the transparency and trustworthiness of these informal enforcement mechanisms.
Год издания: 2018
Авторы: Sofia Ranchordás
Источник: Critical Analysis of Law
Ключевые слова: Diverse Legal and Medical Studies, Freedom of Expression and Defamation, Polish Law and Legal System
Другие ссылки: Critical Analysis of Law (PDF)
Critical Analysis of Law (HTML)
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IRIS - Institutional Research Information System (Libera Università Internazionale degli Studi Sociali Guido Carli) (HTML)
University of Groningen research database (University of Groningen / Centre for Information Technology) (HTML)
University of Groningen research database (University of Groningen / Centre for Information Technology) (PDF)
University of Groningen research database (University of Groningen / Centre for Information Technology) (HTML)