Showing 1 - 10 of 14,025
, by grading honestly, a school can build up reputation. Introducing a concern for reputation into an established signaling … model of grading, we show that this mechanism reduces or even avoids grade inflation. -- grading ; signaling ; reputation …
Persistent link: https://www.econbiz.de/10009667051
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
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
In economic approaches it is often argued that reputation considerations influence the behavior of individuals or firms … and that reputation influences the outcome of markets. Empirical evidence is rare though. In this contribution we argue … that a positive reputation of sellers should have an effect on selling prices. Analyzing auctions of popular DVDs at eBay …
Persistent link: https://www.econbiz.de/10010365875
This paper examines reputation, the belief of a decision maker about types of advisors, in a two period cheap talk …
Persistent link: https://www.econbiz.de/10012724489
We present a leverage theory of reputation building with co-branding. We show that under certain conditions, co … high product quality and establish their own reputation. We compare this situation with a benchmark in which both sectors …
Persistent link: https://www.econbiz.de/10012729552
Reputation concerns in credit markets restrain borrowers' temptations to take excessive risk. The strength of these …
Persistent link: https://www.econbiz.de/10011685308
its equilibrium strategy in a repeated but finite game, in order to build an environmental reputation if we suppose that … reputation. Due to the peculiarity of environmental information (green products are credence goods), we claim that an explicit … the reputation effect …
Persistent link: https://www.econbiz.de/10014172861
The paper presents a theory that large scales are necessary to establish reputation. In the model, each producer yields … with some probability. Due to noisiness of single performance, a producer cannot establish reputation in market. Free of … Central Limit Theorem the paper ensures that is not true. Thus the middleman is always able to establish reputation if the …
Persistent link: https://www.econbiz.de/10014217787