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The Anonymity of the Internet: A Problem for E-Commerce and a “Modified” Hobbesian Solution
Abstract
Commerce performed electronically using the Internet (e-commerce) faces a unique and difficult problem, the anonymity of the Internet. Because the parties are not in physical proximity to one another, there are limited avenues for trust to arise between them, and this leads to the fear of cheating and promise-breaking. To resolve this problem, I explore solutions that are based on Thomas Hobbes’s solutions to the problem of the free rider and apply them to e-commerce.
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