Economic models of reputation make strong assumptions about the information available to players.  In particular, it is … observe in the real world.  We build a model of reputation with more realistic assumptions about the partial knowledge of the …

-weighted information may be maximized by a different regime, in which all replying is anonymous. Reputation effects play a key role in our …

collective reputation with the wider membership of her cabinet; we show that heterogeneity of cabinet membership can play an …

We study firm reputation as a mechanism to assure product quality in perfectly competitive markets in a context in … which both certification and trademarks are available. Shapiro’s (1983) model of reputation is extended to reflect both … reputation and lead to welfare gains compared to a situation in which only private trademarks are available. Hence, certification …

changed at zero cost.  This paper examines the reputation mechanisms that keep this market working and considers whether they …