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SYSTEM AND METHODS FOR DETERMINING THE VALUE OF PARTICIPANTS IN AN ECOSYSTEM TO ONE ANOTHER AND TO OTHERS BASED ON THEIR REPUTATION AND PERFORMANCE
SYSTEM AND METHODS FOR DETERMINING THE VALUE OF PARTICIPANTS IN AN ECOSYSTEM TO ONE ANOTHER AND TO OTHERS BASED ON THEIR REPUTATION AND PERFORMANCE
The methods and systems take into account a multiplicity of approaches to reputation determination and integrates them together in a way that determines not only a reputation index but a veracity scale on which to gauge that reputation. The system proposed herein will create reputation indices based on input from other participants in the ecosystem taking into account the weighting of the value of the input of the various participants based on their credibility as applied to the judgment at hand. The system will also take into account temporal components, the historical value of the work, passive input based on usage behavior, comments by casual observers as well as independent assessment in public fora. Additionally the proposed system provides for an architecture where users of the system are able to utilize the reputations thus created when making purchase, hiring or distribution decisions.
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