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 …

determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation …

In two experiments, we examine the effects of employer reputation in an online labor market (Amazon Mechanical Turk) in … reputation, we find that good-reputation employers attract work of the same quality but at twice the rate as bad-reputation … employers. This is the first clean, field evidence on the value of employer reputation. It can serve as collateral against …

reputation-conscious agents to supply a public good. Each agent chooses how much to contribute based on his own mix of public …