Reputation concerns in credit markets restrain borrowers' temptations to take excessive risk. The strength of these …

information about the multiplier. We discuss potential reasons for the deviation between theory and experimental data. …

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. …

enhance welfare. The paper offers a new theory to explain why stress tests are generally welfare enhancing. We also offer a …

good reputation?) Seemingly uncontroversially, the task of information acquisition involves doing so until the additional …, ritual and reputation. These mechanisms that are anointed as appropriate by the broader transactional community; their …