, reputation, competition and entry in procurement markets. I focus especially on public procurement, which is highly regulated for …Abstract: Based on my recent work with several co-authors this paper explores the relationship between discretion … accountability and trade reasons. In Europe regulation constrains the use of past performance information to select contractors while …

reputation considerations affect firms' decisions to participate in joint projects. We show that a high quality partner may not … be preferable to a low quality partner, and that a high reputation partner is not necessarily preferable to a low … show that in contrast with projects implemented by a single firm, in the case of joint projects a firm's reputation does …

Online "feedback mechanisms" - also known as "reputation systems" - have been implemented in the most important private …

Consider a two-product firm that decides on the quality of each product. Product quality is unknown to consumers. If … the firm sells both products under the same brand name, consumers adjust their beliefs about quality subject to the … performance of both products. We show that if the probability that low quality will be detected is in an intermediate range, the …

Is the reputation of a firm tradeable when the previous owner has to retire even though ownership change is observable … profits, bid for the firms on sale. Customers are concerned with the owners' type, which reflects the quality of the good or … good type. Hence reputation is tradeable, although ownership change is observable. In our model, reputation is an …

Is the reputation of a firm tradeable when the previous owner has to retire even though ownership change is observable … profits, bid for the firms on sale. Customers are concerned with the owners? type, which reflects the quality of the good or … good type. Hence reputation is tradeable, although ownership change is observable. In our model, reputation is an …

Guest editors' introduction of a special issue dedicated to advancing understanding of how a firm's reputation is …

reputation. Several aspects distinguish our work from most existing research. We analyze a heterogeneous panel data consisting of … a large number of observations over a large period of time, including significant variation in reputation across and … of reputation on sale price. In contrast, our results point to a highly significant, and sizable, impact of reputation on …

over seller quality. Typically, these markets use reputation systems to alleviate this issue, but the effectiveness of … auction, or wait for more bids. In the process, she trades-off sellers’ price, reputation, other attributes, and the costs of … waiting and canceling. Our framework addresses ‘dynamic selection’, which can lead to underestimation of reputation, through …

services anti-competitive and why do equity underwriters invest in reputation-building? This study resolves both puzzles … service differentiation based on underwriter reputation. High-reputation banks receive average reputational premia equaling 0 … issuers working with high-reputation underwriters receive significant benefits, including higher offer values and lower …