Pauls Valley, OK, Pauls Valley Democrat

Business

August 16, 2012

Should you trust online travel reviews?

(Continued)

So the techno-utopians were at least half right: The Internet has helped a lot of people make better decisions about which movies to watch, where to eat and where to sleep. But on the other side of any sophisticated system designed to produce fair and honest appraisals will be equally resourceful schemers looking to game the system.

In fact, given the subversive efforts of those working to undermine honest rating systems, it's a testament to the fundamental good nature and public spiritedness of human beings that crowdsourced evaluation doesn't unravel completely. The only way group feedback can survive is if there is a massive counterweight of reviewers taking the time to provide honest feedback despite the complete absence of economic incentives for doing so.

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Fisman is a professor of social enterprise and director of the Social Enterprise Program at the Columbia Business School.

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Business
  • Tribal ag program brings farm to casino

    The Quapaw Tribe has started an agriculture program that is supplying locally grown products for its casino restaurant.

    May 12, 2014

  • Charities helping residents after wildfire

    Local charities are on the scene to help Logan County residents sift through the ashes after wildfires swept through the rural area near Guthrie.

    May 8, 2014

  • ALDI Norman store opens ALDI opens Norman store on West Main Street

    A light rain didn’t deter dozens of shoppers who showed up to help open the ALDI store at 2440 W. Main Street in Norman early Thursday.

    May 8, 2014 1 Photo

  • Lebanese Festival planned for two days

    Food, music, dance, culture and traditional home-cooked Lebanese food once again comes together in Norman in the form of Middle Eastern hospitality.

    April 24, 2014

  • Senators accuse GM of covering up defective switch

     Members of a Senate subcommittee accused General Motors of trying to cover up problems with an ignition switch that is now tied to 13 deaths, and pressed CEO Mary Barra to commit to punishing anyone involved.

    April 2, 2014

  • Bethesda 1 University of Okla. students paint murals, brighten up nonprofit

    The harsh, cold, metal door slipped away as green, then blue, turned into a lush, green field with a winding path and a group of University of Oklahoma undergraduate students painted murals Monday at Bethesda Inc., a local agency that specializes in sexual abuse treatment and prevention for children and adolescents.

    March 25, 2014 2 Photos

  • Fly-tying Frenzy at Sam Noble Museum

    The Sam Noble Oklahoma Museum of Natural History will offer Fly-Tying Frenzy, an adult fly-tying workshop, from 8 to 11 a.m. for beginners and from 1 to 4 p.m. for intermediate and advanced participants April 5.

    March 12, 2014

  • JC_GE BUILDING.jpg Industry giants represented at Oak Tree

    Two corporate leaders discussed their company’s respective impact of business expansion on the local economy Thursday at the Edmond Chamber of Commerce Membership Luncheon.

    February 28, 2014 2 Photos

  • Cherokee Nation raising minimum rage

    The Cherokee Nation, one of the largest Native American tribes in the country, is raising its minimum wage by 50 cents, Chief Bill John Baker announced Monday.

    February 25, 2014

  • Moore City Council denies zoning change request

    Residents protesting a requested zoning change to allow apartments to be built in an area devastated by the May 20 tornado filled Moore City Hall on Tuesday night, then applauded when the Moore City Council denied the zoning change request unanimously.

    February 19, 2014

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