2022/10/05 by Anton Kolonin, Kolonin, Anton, Deborah Duong +11
Decision Sciences · Computer Science · Economics, Econometrics and Finance · #Auction Theory and Applications #Distributed and Parallel Computing Systems #Stochastic processes and financial applications
paper · pdf · doi:10.48550/arxiv.2210.02362
We simulate a reputation system in a market to optimise the balance between market security and market equity. We introduce a method of using a reputation system that will stabilise the distribution of wealth in a market in a fair manner. We also introduce metrics of a modified Gini that takes production quality into account, a way to use a weighted Pearson as a tool to optimise balance.