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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
We study the robustness of reputation management systems against distortions in rating behavior. In a laboratory trust … experiment with reputation management, we mimic a positive bias by exclusively offering the option to rate positively or to give …. This highlights the importance of negative ratings for the effectiveness of reputation systems. …
Persistent link: https://www.econbiz.de/10012197593
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
Online interactions are frequently governed by reputation systems that allow users to evaluate each other after an … interaction. Effective reputation systems can increase trust and may improve efficiency in market settings. In recent years … studies, we design a lab10 oratory experiment. Using a repeated public good game with a reputation system, we study (i) how …
Persistent link: https://www.econbiz.de/10013330598
We experimentally investigate a finitely repeated public good game with varying partners. Within each period, participants are pairwise matched and contribute simultaneously. Participants are informed about contributions and each participant evaluates her partner's contribution. At the beginning...
Persistent link: https://www.econbiz.de/10014166900
concern for reputation, our model predicts that politicians' effort is increasing in their reputation concern. With … reputation-concerned individuals are more reluctant to join politics than those who worry less about their perceived moral … stature. Using data from lab-in-the-field experiments in rural India with local politicians and non-politician participants …
Persistent link: https://www.econbiz.de/10012173954
Persistent link: https://www.econbiz.de/10011583779
Persistent link: https://www.econbiz.de/10011729370
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