Showing 1 - 10 of 17
I analyze a dataset of news from the New York Times, from 1946 to 1997. Controlling for the incumbent President's activity across issues, I find that during the presidential campaign the New York Times gives more emphasis to topics that are owned by the Democratic party (civil rights, health...
Persistent link: https://www.econbiz.de/10010928712
that information media fuels the adjustment of meaning given to significant events in contemporary society. A heightened …
Persistent link: https://www.econbiz.de/10010746470
Persistent link: https://www.econbiz.de/10011126164
. Celebrity capital, or broadly recognizability, is conceptualized as accumulated media visibility that results from recurrent … media representations. In that sense, it is a substantial kind of capital and not a subset or special category of social or …
Persistent link: https://www.econbiz.de/10011126377
decision makers who are motivated by reputation concerns tend to ‘anti-herding’, i.e., they excessively contradict public …
Persistent link: https://www.econbiz.de/10010928812
We show that allocation of ownership matters even in a long-term relationship where problems of opportunism are less severe unless agents are very patient. Ownership structure is chosen to give the agents best incentives to cooperate. The optimal control structure of the static game restricts...
Persistent link: https://www.econbiz.de/10010928815
Globalizing knowledge economies foster conditions that intensify the role and value of organizational reputation risk …. In a holistic, enterprise focused era reputation is a key strategic construct that can act as a boundary object linking … reputation risk. Having noted the ambivalence that surrounds ‘risk positions’, we present a re-definition of reputation risk that …
Persistent link: https://www.econbiz.de/10010744830
order to preserve its reputation of being a good monitor, may actually distort its lending decisions towards greater laxity … between a country and the IMF. The longer this relationship, the stronger the IMF reputation will be affected in case it …
Persistent link: https://www.econbiz.de/10010745315
This paper examines to what extent reputational concerns give rating agencies incentives to reveal information. It demonstrates that, in a simple model in which a rating agency has public and private information about a project, it may ignore private information and even contradict public...
Persistent link: https://www.econbiz.de/10010745887
We consider the impact of history on the survival of a monopolist selling single units in discrete time periods, whose quality is learned slowly. If the seller learns her own quality at the same rate as customers, a sufficiently bad run of luck could induce her to stop selling. When she knows...
Persistent link: https://www.econbiz.de/10010746467