Showing 1 - 10 of 11
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 …
Persistent link: https://www.econbiz.de/10009291911
This paper develops a model of career concerns. The worker's skill is revealed through output, wage is based on expected output, and so on assessed ability. Specifically, effort increases the probability that a skilled worker achieves a one-time breakthrough. Effort levels at different times are...
Persistent link: https://www.econbiz.de/10009352220
-weighted information may be maximized by a different regime, in which all replying is anonymous. Reputation effects play a key role in our …
Persistent link: https://www.econbiz.de/10010604981
We study a class of continuous-time reputation games between a large player and a population of small players in which …
Persistent link: https://www.econbiz.de/10005762590
We enrich a simple two-person bargaining model by introducing "behavioral types" who concede more slowly than does the average person in the economy. The presence of behavioral types profoundly influences the choices of optimizing types. In equilibrium, concessions are calculated to induce...
Persistent link: https://www.econbiz.de/10005762599
-generations model where wages are reputation-based. We find that inter-generational teams (i) produce more heterogeneity in the old … salaires dépendent de la réputation. Nos résultats indiquent que les équipes inter-générationnelles (i) résultent en une plus …
Persistent link: https://www.econbiz.de/10005100566
risks involved in anonymous transactions, several online market sites have implemented reputation management mechanisms that … reputation management mechanisms on the evolution of trust and trustworthiness in a repeated trust game among strangers. Les … réputation différant en structure et fonctionnalité. Dans une série d'expériences, cette étude évalue l'impact de deux mécanismes …
Persistent link: https://www.econbiz.de/10005100984
collective reputation with the wider membership of her cabinet; we show that heterogeneity of cabinet membership can play an …
Persistent link: https://www.econbiz.de/10005047938
changed at zero cost.  This paper examines the reputation mechanisms that keep this market working and considers whether they …
Persistent link: https://www.econbiz.de/10011133067
Do asset prices aggregate investors’ private information about the ability of financial analysts? We show that as financial analysts become reputable, the market can get trapped: Investors optimally choose to ignore their private information, and blindly follow analyst recommendations. As time...
Persistent link: https://www.econbiz.de/10011240393