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Transparency and Credibility : Monetary Policy with Unobservable Goals

Faust, Jon - 2010

We define and study transparency, credibility, and reputation in a model where the central bank's characteristics are … the sense that it induces lower inflation and employment than expected. Increased transparency makes the bank's reputation …

Persistent link: https://www.econbiz.de/10013137302

Variable Temptations and Black Mark Reputations

Aperjis, Christina - 2010

In a world of imperfect information, reputations often guide the sequential decisions to trust and to reward trust. We consider two-player situations where the players meet but once. One player - the truster - decides whether to trust, and the other player - the temptee - has a temptation to...

Persistent link: https://www.econbiz.de/10013137612

Bank Size, Reputation, and Debt Renegotiation

Fernández, Raquel - 2011

This paper examines the effect that the coexistence of small and large banks, with different interests in the international market, has on the debt renegotiation process. Making use of a reputational model, we argue that the presence of small banks implies that debtor countries have a harder...

Persistent link: https://www.econbiz.de/10013124691

Sovereign Debt, Reputation, and Credit Terms

Eaton, Jonathan - 2011

I develop a model in which sovereign debtors repay debt in order to maintain a reputation for repayment. Repayment …

Persistent link: https://www.econbiz.de/10013125264

Exploring Tradeoffs in the Organization of Scientific Work : Collaboration and Scientific Reward

Bikard, Michaël - 2014

When do scientists and other knowledge workers organize into collaborative teams and why do they do so for some projects and not others? At the core of this important organizational choice is, we argue, a tradeoff between the productive efficiency of collaboration and the credit allocation that...

Persistent link: https://www.econbiz.de/10013064160

Matthew : Effect or Fable?

Azoulay, Pierre - 2014

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...

Persistent link: https://www.econbiz.de/10013064896

Hey Look at Me : The Effect of Giving Circles on Giving

Karlan, Dean S. - 2012

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

Markets for Reputation : Evidence on Quality and Quantity in Academe

Hamermesh, Daniel S. - 2009

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 …

Persistent link: https://www.econbiz.de/10013153983

Anti-Lemons : School Reputation and Educational Quality

MacLeod, W. Bentley - 2009

Friedman (1962) argued that a free market in which schools compete based upon their reputation would lead to an …: school reputation in the spirit of Holmstrom (1982). The first result is that if schools cannot select students based upon …

Persistent link: https://www.econbiz.de/10013158508

Media Bias and Reputation

Gentzkow, Matthew - 2005

which firms slant their reports toward the prior beliefs of their customers in order to build a reputation for quality. Bias …

Persistent link: https://www.econbiz.de/10012784236