Showing 1 - 7 of 7
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
-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
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
Political short-termism obtains when a politician provides a public good that gives an immediate payoff while it would be optimal for the society that he provided a public good that gives a payoff only in the future. We consider a simple two-period political agency model and study whether...
Persistent link: https://www.econbiz.de/10005650756
In this paper we develop a model of product quality and firms' reputation. If quality is not verifiable and there is … repeated interaction between firms and consumers, we show that reputation emerges as a means of disciplining the former to …
Persistent link: https://www.econbiz.de/10008921762
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
(perverse policy persistence): changing his mind would indeed damage his reputation, and so reduce his probability of being … unpersistence): confirming a previous decision made by another politician would indeed improve the reputation of a potential rival …
Persistent link: https://www.econbiz.de/10005113999