The Market for Evaluations

S-Tier
Journal: American Economic Review
Year: 1999
Volume: 89
Issue: 3
Pages: 564-584

Score contribution per author:

2.681 = (α=2.01 / 3 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Recent developments in computer networks have driven the cost of distributing information virtually to zero, creating extraordinary opportunities for sharing product evaluations. The authors present pricing and subsidy mechanisms that operate through a computerized market and induce the efficient provision of evaluations. The mechanisms overcome three major challenges: first, evaluations, which are public goods, are likely to be underprovided; second, an inefficient ordering of evaluators may arise; and third, the optimal quantity of evaluations depends on what is learned from the initial evaluations.

Technical Details

RePEc Handle
repec:aea:aecrev:v:89:y:1999:i:3:p:564-584
Journal Field
General
Author Count
3
Added to Database
2026-01-24