Results found: 2

Search results

Sort By:

Limit search:

Trust, goodwill and identity on electronic markets

100%

Hamori B.

Kozgazdasagi Szemle (Economic Review)

2004

vol. 51

issue 9

832-848

The trust on which even the simplest exchange transactions rely has particular importance on electronic markets. Starting out from a game-theory model, the author clarifies how casual partners can overcome shortage of information about each others' strategic choices, and how they can improve their payments in repeated games by applying the 'trigger' or 'eye-for-an-eye' strategy. Buyer-seller relations on the Web are usually casual and call for innovative confidence-building measures to reduce the risk. Examples of such measures are efforts to institutionalize fellow feeling among buyers, through actions designed to build up or knock down reputations. In principle, buyers can only decide on the efficacy of software and other intellectual products once they possess them, but until they are convinced of their efficacy, there is no sense in buying them. The inconsistency can be dispelled, however, by other buyers retailing their experiences on the Internet. By adopting an advisory or warning role, they help their fellow buyers to reach their decisions. Distrust between partners is also dispelled by intermediaries trading on their own good name (from auctioneers to standards institutions). The study also looks at the specific constraints on the development of trust in electronic transactions, with special regard to the scope for identity changes.

Competitive and cooperative attitudes in a transforming economy

45%

Hamori B., Szabo K., Derecskei A., Hurta H., Toth L.

Kozgazdasagi Szemle (Economic Review)

2007

vol. 54

issue 6

579-601

The basic institutions and legal frames of a market economy were established quite quickly after the change of system in East-Central Europe, including Hungary. But there has been a much slower change in the behaviour of the economic actors. The purpose of the research was to show the extent to which the competitive attitude and not least cooperative behaviour essential to market economies has developed in the two decades since the change of system. Are the actors in the economy capable of a positive response to the appearance of foreign competitors, or does the old, anti-competitive attitude still prevail? How is the behaviour of the competitors influenced by state intervention? The answers to these questions have been based on 71 in-depth interviews and a comparison of the picture obtained with data from a few international surveys.

Refine search results

2 Kozgazdasagi Szemle (Economic Review)

2 Hamori B.

1 Derecskei A.

1 Hurta H.

1 Szabo K.

1 Toth L.

1 2007

1 2004

Search results

Trust, goodwill and identity on electronic markets

Competitive and cooperative attitudes in a transforming economy