Showing 1 - 10 of 17
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
I develop a simple dynamic model of reputation-based transactions between a buyer in one country and a supplier in … stricter standard affects the supply of quality goods and indirectly through reputation. I refer to the former effect as the … regulation effect, and to the latter as the reputation effect. I show that, whereas most of the empirical literature has so far …
Persistent link: https://www.econbiz.de/10009643224
-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
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
. These equilibria share some features with the ones of multi-sided reputation models. …
Persistent link: https://www.econbiz.de/10010746981
This paper explores the dynamics of wage growth in corporate hierarchies. Using panel data techniques, we estimate the causal effect of current and past transitions in reporting level and past earnings growth on components of current earnings and earnings growth using a large panel of US...
Persistent link: https://www.econbiz.de/10008791501
tools to achieve this goal. A rereading of Kreps' model of reputation sheds light on its structural dimension and …
Persistent link: https://www.econbiz.de/10008793027