price rigidity. Reputation powerfully amplifies the positive effects of social preferences on contract enforcement by … interactions, suggesting that it may aggravate price rigidities. Surprisingly, reputation in fact weakens the wage and price …

this task. We show, that those announced beliefs lead to a self fulfilling prophecy as the reputation of the responsible …

efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation …

preferences in combination with reputation opportunities keep principals from abusing their power, leading to the widespread …

reputation for skill acquisition and labor market outcomes in an otherwise competitive market. We find that reputation effects …) that arises when schools can enhance their reputation by positively selecting their students. This leads to excess demand …

Reputation systems aim to induce honest behavior in online trade by providing information about past conduct of users …. Online reputation, however, is not directly connected to a person, but only to the virtual identity of that person. Users can … therefore shed a negative reputation by creating a new account. We study the effects of such identity changes on the efficiency …