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In a market context, a status effect occurs when actors are accorded differential recognition for their efforts depending on their location in a status ordering, holding constant the quality of these efforts. In practice, because it is very difficult to measure quality, this ceteris paribus...
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Theories abound for why individuals give to charity. We conduct a field experiment with donors to a Yale University service club to test the impact of a promise of public recognition on giving. Some may claim that they respond to an offer of public recognition not to improve their social...
Persistent link: https://www.econbiz.de/10013112795
We develop a theory of the market for individual reputation, an indicator of regard by one's peers and others. The … central questions are: 1) Does the quantity of exposures raise reputation independent of their quality? and 2) Assuming that … overall quality matters for reputation, does the quality of an individual's most important exposure have an extra effect on …
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buyer can verify quality via a third-party certifier. The data also speak to theories of how reputation effects enhance … market performance. In particular, reputation and the monitoring of quality are found to be complements, and findings suggest …
Persistent link: https://www.econbiz.de/10012762252
We conduct a field experiment with 1,300 participants in India to measure whether individuals save more when information about their savings is regularly shared with another member of their village (a “monitor”). We focus on whether the monitor's effectiveness depends on her social network...
Persistent link: https://www.econbiz.de/10013022598
This paper considers the role of the allocation of scientific credit in determining the organization of science. We examine changes in that organization and the nature of credit allocation in the past half century. Our contribution is a formal model of that organizational choice that considers...
Persistent link: https://www.econbiz.de/10013062483
Teamwork pervades modern economies, yet teamwork can make individual roles difficult to ascertain. In the sciences, the canonical "Matthew Effect" suggests that eminent team members garner credit for great works at the expense of less eminent team members. We study this phenomenon in reverse,...
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