Reputation Economics
Why Who You Know is Worth More Than What You Have
Published on 3. December 2013
Book
Hardback
256 pages
978-1-137-27862-3 (ISBN)
Description
As the internet has increasingly become more social, the value of individual reputations has risen, and a new currency based on reputation has been created. This means that not only are companies tracking what an individual is tweeting and what sites they spend the most time on, but they're using this knowledge to predict the consumer's future behavior. And a world in which Target knows that a woman is pregnant before she does, or where a person gets a job (or loses one) based on his high school hijinx is a scary one indeed. This is all currently happening online already. Welcome to the age of Reputation Economics: -Where Avis is currently discounting car rentals based on Twitter followers -Where Carnival Cruise Lines are offering free upgrades based on a Klout score -Where Amazon and Microsoft are a short way away from dynamically pricing their goods based on a consumer's reach and reputation online -Where Klout scores are being used to vet job applications The value of individual reputation is already radically changing the way business is done.
Reviews / Votes
'It is Klein's view that we have to stop thinking of money as the only way to exchange value...Progressive organisations know how important reputation is. It's the new mechanism of exchange... I welcome the possibility Klein puts before us of a new era of exchange in which reputation, rather than money, is the strongest currency of all' - Management TodayMore details
Language
English
Place of publication
Basingstoke
United Kingdom
Target group
Professional and scholarly
Product notice
Unsewn / adhesive bound
Paper over boards
With dust jacket
Dimensions
Height: 235 mm
Width: 157 mm
Thickness: 20 mm
Weight
589 gr
ISBN-13
978-1-137-27862-3 (9781137278623)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
E-Book
06/2025
St. Martin's Press
€12.83
Available for download
Person
Joshua Klein is an internationally known technology expert who studies systems, from computer networks and institutions to consumer hardware. His recent projects have included an acclaimed new television series on the history of innovation on the National Geographic Channel, called The Link, one of the most watched TED videos of all time (about vending machine to train crows to exchange found coins for peanuts) and the development of a cell phone application to create a virtuous cycle of education and employment in South Africa. His work has appearedinThe New York Times,Wired,O Magazine, and The Harvard Business Review.Hehas made appearances on MSNBC, NPR, and has spoken at conferences from TED to Davos, and presented in front of organizations ranging from the State Department to the Young Presidents Organization Global Leadership Congress, to Microsoft to Amazon. He lives in New York City.
Content
CHAPTER 1: What is your mother worth? CHAPTER 2: A Short History of Money CHAPTER 3: The Fractalization of Currency CHAPTER 4: Rise of the Individual CHAPTER 5: The Panopticon and the Runaway Culture Ecology CHAPTER 6: Flies and Ointments CHAPTER 7: The Abundance Economy CHAPTER 8: Code is Culture CHAPTER 9: Emerging Models... and Markets CHAPTER 10: Triumph of the Commons - Maybe