conveying reputational information. Based on evidence from five transition countries, we find that trade associations' role as …Inter-firm information exchange with respect to the reliability of trade partners may be unmediated in the sense that … it involves direct communication between the personnel of two firms. Alternatively, this information flow may be …

Inter-firm information exchange as to the reliability of trade partners supports the development of markets by … mitigating information asymmetries and providing the basis for relational contracting. While this general point has been made in … particular environment have for disseminating relational information. That is, some researchers have focused on the importance of …

This paper studies the role of communication and reputation in market interactions using data from online procurement … auctions. Not only positive reputation ratings but also engaging in communication increases a bidder's probability of winning … the auction. Messages are primarily used to reduce the asymmetric information associated with transactions. …

of privately known competence, who cares about his reputation, chooses the timing of the forecast regarding the outcome …. Further, any report hurts the forecaster’s reputation in the short run, with later reports incurring larger penalties. The … reputation of a silent forecaster, on the other hand, gradually improves over time. …

investigates whether a pecuniary reputation system influences the adverse selection endemic to message boards. First, we find … evidence that such a authors with high reputation scores are less likely to voluntarily offer a buy-hold-sell sentiment in a … particular message. Second, we find that authors with no reputation at stake tend to be more bearish with their sentiment but …

analysts want investors to trust their reports in the future, both will aim to build a reputation for being aligned. In … equilibrium, aligned analysts will acquire more information than misaligned analysts. As a result, investors may favorably update …

This paper studies the role of communication and reputation in market interactions using data from online procurement … auctions. Not only positive reputation ratings but also engaging in communication increases a bidder’s probability of winning … the auction. Messages are primarily used to reduce the asymmetric information associated with transactions …