future security. We argue that a group's reputation is a public good with a natural weakest - link structure. We extend the …

We analyze a noncooperative dynamic game of group formation with group reputation. It is inspired by observations of … period. In a group, all firms share the same group reputation among consumers. After a failed firm exits, an entrant firm …

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 …

and a regulator that disciplines them to build a reputation for strict enforcement. We show that when the regulator has …

Reputation is a commonly cited check on opportunism in economic and social interactions. But it is often unclear what …

recipient's reputation. Contrary to anecdotal evidence, the statistical tests show that the dictator's behavior toward a … stranger is not statistically significantly different from their behavior toward an individual with an established reputation … sent more money on average to recipients with a reputation for being generous than to recipients without a reputation …