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business, are particularly vulnerable. Maintaining a positive reputation, however, is costly, leading to the potential for …
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I study reputation effects under uncertain monitoring. I examine a repeated game between a long-run player and a series … uncertainty about the monitoring structure introduces new challenges to reputation building because there may not be a direct … ability to establish a reputation for commitment. I show that, when the short-run players cannot statistically distinguish …
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We analyze a dynamic moral hazard problem in teams with imperfect monitoring in continuous time. In the model, players are working together to achieve a breakthrough in a project while facing a deadline. The effort needed to achieve a breakthrough is unknown but players have a common prior about...
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Reputation is growing as a very important asset in everyday corporate life and it is even crucial for financial … corporations. The main financial institutions consider reputation as one of the six risk factors to be managed by any corporation …
Persistent link: https://www.econbiz.de/10013107485
reputation risk” posed by doing business with the National Rifle Association (a gun rights advocacy group). As part of Operation … “reputation risk.” Another federal regulator warns banks their reputations might be damaged by lending to oil and gas companies … that are perceived to cause environmental harm. Reputation risk is the risk that bank stakeholders will negatively change …
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