Selling Coins to Improve Rating Systems
Came across a paper that proposed an interesting mechanism to improve rating systems. This is a very very good idea. RewardRating: A Mechanism Design Approach to Improve Rating Systems Vakilinia, Faizian, Khalili. Games (2022) https://doi.org/10.3390/g13040052 “To improve rating systems, in this paper, we take a novel mechanism-design approach to increase the cost of fake ratings while providing incentives for honest ratings.” … “Our proposed mechanism RewardRating is inspired by the stock market model in which users can invest in their ratings for services and receive a reward on the basis of future ratings....