Please enable JavaScript.

Coggle requires JavaScript to display documents.

[G2] PR 8 Governance (Market failure and its causes (Information asymmetry…

- - - - counterfeit goods
  - - - Netflix
- - - - let people who uploaded quality content could earn their way to become inspectors and community organizers
        
        Be constructed through the intelligent application of the discipline of behavior design
  - - - Examples
        
        the terms of service drafted by lawyers or the rules of stakeholder behavior drafted by platform's designers
        
        Moderate behavior at both the user and the ecosystem level
        
        the Apple rule allows a user to share digital content among up to six devices
        
        Prevent unlimited sharing while nonetheless
        
        Provide economic incentives for the purchase of Apple services
        
        Make a reasonable amount of sharing convenient
        
        Stack Overflow offer an explicit list of rules for earning points & the rights and privileges those point confer
        
        Solves a public goods problem by encouraging members to share their best insights
        
        :warning:An exception that may facilitate bad behavior
        
        The underlying principle: Give fast, open feedback; Give slow, opaque feedback.
  - - - fun
      - fame
      - money
        
        is far less important than the more intangible, subjective form of value known as social currency
        
        Social currency measures as the economic value of a relationship
        
        include
        
        favorites and shares
        
        the reputation a person builds up for good interactions on eBay
        
        good news posts on Reddit
      - fortune
- - - - otherwise it likely a decision favorable for the platform wich might lead the partners to abandon the platform
  - - - creates difficulties in solving problems affecting multiple departments
      - Preventing the company to create a platform
      - limiting the own abilities leads to a likely fail