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This paper examines experimentally the reputation building role of disclosure in an investment / trust game. It …
Persistent link: https://www.econbiz.de/10014200864
The observability of partners' past play is known to theoretically improve cooperation in an infinitely repeated prisoner's dilemma game under random matching. This paper presents evidence from an incentivized experiment that reputational information per se may not improve cooperation. A...
Persistent link: https://www.econbiz.de/10012665559
remains unclear. In each of six treatments that vary the cooperation premium and the informational basis for reputation … forces of (a) learning about the benefits of reputation, and (b) learning about backward unraveling. We find, inter alia …, that with a high cooperation premium and good information, investment in reputation grows across sets of finitely …
Persistent link: https://www.econbiz.de/10010126752
Building on the seminal paper of Ordover, Saloner and Salop (1990), I study the role of reputation building on … foreclosure in laboratory experiments. In one-shot interactions, upstream firms can choose to build a reputation by revealing … their price history to the current upstream competitor. In particular, integrated firms can establish a reputation to …
Persistent link: https://www.econbiz.de/10011555141
We investigate the influence of self and social image concerns as potential sources of lying costs. In a standard die-rolling experiment, we exogenously manipulate self-awareness and observability, which mediate the focus of a person on their private and public selves, respectively. First, we...
Persistent link: https://www.econbiz.de/10012256075
remains unclear. In each of six treatments that vary the cooperation premium and the informational basis for reputation … forces of (a) learning about the benefits of reputation, and (b) learning about backward unraveling. We find, inter alia …, that with a high cooperation premium and good information, investment in reputation grows across sets of finitely …
Persistent link: https://www.econbiz.de/10013076291
Persistent link: https://www.econbiz.de/10010249030
Using a repeated public good game with stranger matching, we compare how two different reputation systems with … evaluations reputation is less sensitive, incentives for reputation building are stronger and contributions are higher …
Persistent link: https://www.econbiz.de/10012935786
Reputation systems provide decision support for e-commerce. A shortcoming of existing systems is that all transactions … are rated equally, and the impact of reputation systems for differently valued goods is not well understood. In an … experiment, we study a heterogeneous good market. We find that the reputation system increases surplus by increasing transactions …
Persistent link: https://www.econbiz.de/10014152452
We study the role of information about the multiplier in a finitely repeated investment game. A high multiplier increases the reputational incentives of a trustee, leading to more repayments. Our perfect Bayesian equilibrium analysis shows that if the trustee is privately informed about the...
Persistent link: https://www.econbiz.de/10012422494