Overcoming Anonymity: How Darknet Markets Provide Private Governance to Enable Encrypted and Anonymous Exchange

Julia R. Norgaard

Review of Behavioral Economics, 2020, vol. 7, issue 3, 271-298

Abstract: This paper examines how platform providers on the darknet, one of the world’s largest international markets for illicit goods and services, enable buyers and sellers to overcome the problems anonymity poses to exchange. These online markets allow users to repeatedly exchange in an environment with no third-party enforcement while keeping their identity concealed from law enforcement.

Keywords: Anonymity; darknet; trust; reputation; self-enforcing exchange (search for similar items in EconPapers)
JEL-codes: D02 K42 L86 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:now:jnlrbe:105.00000125

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