Showing 1 - 10 of 1,493
foreclosure in laboratory experiments. In one-shot interactions, upstream firms can choose to build a reputation by revealing …Building on the seminal paper of Ordover, Saloner and Salop (1990), I study the role of reputation building on … their price history to the current upstream competitor. In particular, integrated firms can establish a reputation to …
Persistent link: https://www.econbiz.de/10011555141
behavior a reputation system is particularly important to reduce information asymmetries about the quality of the offered … product or service. In this study we examine the effectiveness of a reputation system to reduce information asymmetries when … choices and short-lived customers are asked to evaluate the observed quality by providing ratings to a reputation system. The …
Persistent link: https://www.econbiz.de/10012949216
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
We consider an infinitely repeated game in which a privately informed, long-lived manager raises funds from short-lived investors in order to finance a project. The manager can signal project quality to investors by making a (possibly costly) forward-looking disclosure about her project's...
Persistent link: https://www.econbiz.de/10011504350
We consider an infinitely repeated game in which a privately informed, long-lived manager raises funds from short-lived investors in order to finance a project. The manager can signal project quality to investors by making a (possibly costly) forward-looking disclosure about her project's...
Persistent link: https://www.econbiz.de/10011506852
Reputation systems aim to induce honest behavior in online trade by providing information about past conduct of users …. Online reputation, however, is not directly connected to a person, but only to the virtual identity of that person. Users can … therefore shed a negative reputation by creating a new account. We study the effects of such identity changes on the efficiency …
Persistent link: https://www.econbiz.de/10010358737
Reputation systems aim to induce honest behavior in online trade by providing information about past conduct of users …. Online reputation, however, is not directly connected to a person, but only to the virtual identity of that person. Users can … therefore shed a negative reputation by creating a new account. We study the effects of such identity changes on the efficiency …
Persistent link: https://www.econbiz.de/10010359305
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
This paper studies individual truth-telling behavior in the presence of multiple lying opportunities with heterogeneous stake sizes. The results show that individuals lie downwards (i.e. forgo money due to their lie) in low-stakes situations in order to signal honesty, and thereby mitigate the...
Persistent link: https://www.econbiz.de/10012111150
, there is one-sided reputation building in bargaining, and commitment types on the short side determine the terms of trade …. In a balanced market where the entering flows are equal, there is twosided reputation building in bargaining, and … reputation concerns lead to inefficiency. An equilibrium with persistent delays is constructed. The magnitude of inefficiency is …
Persistent link: https://www.econbiz.de/10008665719