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emerging economies. We show that governments in emerging economies are more concerned about their reputation and tend to ride … that would help prevent potential crises. We provide evidence of the relevance of this reputation mechanism. …
Persistent link: https://www.econbiz.de/10010888458
prevailing incentive problem of the market and contemporaneously satisfy the reputation demand of the investors? This paper … theoretical approach that considers reputation as one of the most important aspects within the market. After analysing the status … smaller CRAs and new incumbents are the increase of market share as well as reputation. Therefore, the market competition …
Persistent link: https://www.econbiz.de/10010904564
agent's initial effort has persistent effects, and on the role of reputation in models with endogenous turnover. …
Persistent link: https://www.econbiz.de/10010905941
We model a reputation game, in which a sequence of short-run players chooses if to interact with a long-run player …
Persistent link: https://www.econbiz.de/10010906382
opportunistic substitution of sub-standard goods and encourages producers to concentrate on long-run reputation building.  We test ….e., reputation formation equilibria exist when firms raise external funds but not when they rely on internal funds, external …
Persistent link: https://www.econbiz.de/10011004366
Reputation concerns in credit markets restrain borrowers' temptations to take excessive risk. The strength of these …
Persistent link: https://www.econbiz.de/10011019205
We solve a long-term contracting problem with symmetric uncertainty about the agent's quality, and a hidden action of the agent. As information about quality accumulates, incentives become easier to provide because the agent has less room to manipulate the principal's beliefs. This result is...
Persistent link: https://www.econbiz.de/10011019211
, by grading honestly, a school can build up reputation. Introducing a concern for reputation into an established signaling …
Persistent link: https://www.econbiz.de/10010954374
periods over others. Success on a task will therefore more greatly improve the agent's reputation following success on a task …
Persistent link: https://www.econbiz.de/10010959972
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