Showing 1 - 10 of 12
investors and private equity managers in order to identify the factors that affect the latter's reputation. Since there are no … individual references about their past returns, the reputation of such players is thought to be linked to their capacity for … obtaining new funds in countries such as Spain. Two groups of variables that might affect reputation are identified: variables …
Persistent link: https://www.econbiz.de/10005212511
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
This paper analyses a finitely repeated wage bargaining game, where the union's strike decision is endogenous, but there is incomplete information about his striking strategy space. We characterize the equilibrium path and the equilibrium payoff of all Sequential Equilibria, following the...
Persistent link: https://www.econbiz.de/10008542867
interactions, direct and indirect reputation and memory constraints that is crucial for the emergence of cooperation. Taken by …
Persistent link: https://www.econbiz.de/10008500662
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