topics of repeated games and reputation effects, along with related papers on more general issues in game theory and dynamic …

In traditional reputation theory, reputation is good for the long-run player. In "Bad Reputation," Ely and Valimaki … give an example in which reputation is unambiguously bad. This paper characterizes a more general class of games in which … that insight holds, and presents some examples to illustrate when the bad reputation effect does and does not play a role …

In traditional reputation theory, reputation is good for the long-run player. In "Bad Reputation," Ely and Valimaki … give an example in which reputation is unambiguously bad. This paper characterizes a more general class of games in which … that insight holds, and presents some examples to illustrate when the bad reputation effect does and does not play a role …