“Fool me once, …”: deception, morality and self-regeneration in decentralized markets

Detalhes bibliográficos
Autor(a) principal: Gomes, Orlando
Data de Publicação: 2019
Outros Autores: Frade, João
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.21/10060
Resumo: Artigo publicado em revista científica internacional
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spelling “Fool me once, …”: deception, morality and self-regeneration in decentralized marketsMarketsDeceptionMoralityPurchasing decisionsPreferencesRumour spreadingArtigo publicado em revista científica internacionalPurpose – This paper aims to provide an overall review and assessment of the virtues and flaws of decentralized self-regulated markets, discussing in particular the extent to which deceiving attitudes by some market participants might be potentially diluted and contradicted. Design/methodology/approach – To approach deception and morality in markets, the paper follows two paths. First, the relevant recent literature on the theme is reviewed, examined and debated, and second, one constructs a simulation model equipped with the required elements to discuss the immediate and long- term impacts of deceiving behaviour over market outcomes. Findings – The discussion and the model allow for highlighting the main drivers of the purchasing decisions of consumers and for evaluating how they react to manipulating behaviour by firms in the market. Agents pursuing short-run gains through unfair market practices are likely to be punished as fooled agents spread the word about the malpractices they were allegedly subject to. Research limitations/implications – Markets are complex entities, where large numbers of individual agents typically establish local and direct contact with one another. These agents differ in many respects and interact in unpredictable ways. Assembling a concise model capable of addressing such complexity is a difficult task. The framework proposed in this paper points in the intended direction. Originality/value – The debate in this paper contributes to a stronger perception on the mechanisms that attribute robustness and vitality to markets.Emerald Publishing LimitedRCIPLGomes, OrlandoFrade, João2019-05-25T18:39:13Z20192019-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.21/10060enghttps://doi.org/10.1108/JEFAS-04-2018-0032info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-08-03T09:59:33Zoai:repositorio.ipl.pt:10400.21/10060Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T20:18:33.094734Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv “Fool me once, …”: deception, morality and self-regeneration in decentralized markets
title “Fool me once, …”: deception, morality and self-regeneration in decentralized markets
spellingShingle “Fool me once, …”: deception, morality and self-regeneration in decentralized markets
Gomes, Orlando
Markets
Deception
Morality
Purchasing decisions
Preferences
Rumour spreading
title_short “Fool me once, …”: deception, morality and self-regeneration in decentralized markets
title_full “Fool me once, …”: deception, morality and self-regeneration in decentralized markets
title_fullStr “Fool me once, …”: deception, morality and self-regeneration in decentralized markets
title_full_unstemmed “Fool me once, …”: deception, morality and self-regeneration in decentralized markets
title_sort “Fool me once, …”: deception, morality and self-regeneration in decentralized markets
author Gomes, Orlando
author_facet Gomes, Orlando
Frade, João
author_role author
author2 Frade, João
author2_role author
dc.contributor.none.fl_str_mv RCIPL
dc.contributor.author.fl_str_mv Gomes, Orlando
Frade, João
dc.subject.por.fl_str_mv Markets
Deception
Morality
Purchasing decisions
Preferences
Rumour spreading
topic Markets
Deception
Morality
Purchasing decisions
Preferences
Rumour spreading
description Artigo publicado em revista científica internacional
publishDate 2019
dc.date.none.fl_str_mv 2019-05-25T18:39:13Z
2019
2019-01-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.21/10060
url http://hdl.handle.net/10400.21/10060
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://doi.org/10.1108/JEFAS-04-2018-0032
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Emerald Publishing Limited
publisher.none.fl_str_mv Emerald Publishing Limited
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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