Robust reputations for peer-to-peer marketplaces

  • Authors:
  • Jonathan Traupman;Robert Wilensky

  • Affiliations:
  • Computer Science Division, U.C. Berkeley, Berkeley, CA;Computer Science Division, U.C. Berkeley, Berkeley, CA

  • Venue:
  • iTrust'06 Proceedings of the 4th international conference on Trust Management
  • Year:
  • 2006

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Abstract

We have developed a suite of algorithms to address two problems confronting reputation systems for large peer-to-peer markets: data sparseness and inaccurate feedback. To mitigate the effect of inaccurate feedback – particularly retaliatory negative feedback – we propose EM-trust, which uses a latent variable statistical model of the feedback process. To handle sparse data, we propose Bayesian versions of both EM-trust and the well-known Percent Positive Feedback system. Using a marketplace simulator, we demonstrate that these algorithms provide more accurate reputations than standard Percent Positive Feedback.