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costs when the policy maker is subject to reputation concerns. Conservative institutions that thwart beneficial reform may … capabilities. The politician decides whether to maintain the status quo or to conduct a risky reform. The reform's success depends … choice and the outcome of the reform, and assesses his competence. We show that the politician may engage in socially …
Persistent link: https://www.econbiz.de/10010744253
. The politician decides whether to maintain the status quo or to conduct a risky reform. The success of the reform … his policy choice and the outcome of the reform, and forms a posterior on the true ability of the politician. We show that … politicians may engage in socially detrimental reform in order to be perceived as more capable. Conservative institutions that …
Persistent link: https://www.econbiz.de/10008617039
Persistent link: https://www.econbiz.de/10009588469
and consumption. We use a game-theoretic model to analyze the impact of reputation on the evaluation of content …
Persistent link: https://www.econbiz.de/10011220319
Рассмотрен ряд моделей социальных сетей, позволяющих ставить и решать задачи формирования репутации с целью последующего ее использования при осуществлении...
Persistent link: https://www.econbiz.de/10011248431
The article presents a survey of theory concerning the "credibility" and "reputation" issues until the beginning of the …/her reputation for precommitment can sustain the ex ante optimal policy. Canzoneri introduces imperfect monitoring of monetary policy …
Persistent link: https://www.econbiz.de/10005258212
reputation as the sole motivator for the auditor, we illustrate how reputational concerns induce an auditing firm to misreport …
Persistent link: https://www.econbiz.de/10009218309
restricted to submit at most one bid, our theory predicts the existence of a unique Bayes-Nash equilibrium that resembles a form … how the bidders' risk type affects their bidding behavior. In support of our theory we find evidence of a probabilistic …
Persistent link: https://www.econbiz.de/10009293045
Persistent link: https://www.econbiz.de/10010558233
individuals contribute to collective action. Four laboratory studies tested the theory. In Study 1, following interaction in a 6 … proportional contributor, even though the amounts they contributed were the same. These findings support the theory, and underscore …
Persistent link: https://www.econbiz.de/10005678692