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, i.e., a two-sided reputation result would hold. In this note we show that this conjecture is indeed true for a wide set … of stage games for which the one-sided reputation result of Atakan and Ekmekci (2008) holds. -- Repeated Games … ; Reputation ; Equal Discount Factor ; Long-run Players ; War of Attrition …
Persistent link: https://www.econbiz.de/10008665867
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 …
Persistent link: https://www.econbiz.de/10012909525
, 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
This paper studies the reputation effect in which a long-lived player faces a sequence of uninformed short …
Persistent link: https://www.econbiz.de/10013087097
I study how a firm manages its reputation by investing in the quality of its product and censoring bad news. Without …
Persistent link: https://www.econbiz.de/10012842093
We study a firm's incentives to build and maintain reputation for quality, when quality is persistent and can be … investment– depend only on the firm's reputation. MPE vary in frequency of certification and payoffs, but are generally …
Persistent link: https://www.econbiz.de/10012968136
a firm with a low reputation to reestablish itself. But, the ability to promote can crowd out incentives for investment … at high reputations; the firm allows its reputation to decay more before it is renewed relative to a firm motivated by …
Persistent link: https://www.econbiz.de/10012855106
A patient seller faces a sequence of buyers and decides whether to build a reputation for supplying high quality … results provide an explanation to empirical findings of reputation failures in developing countries. I also discuss the …
Persistent link: https://www.econbiz.de/10012831327
signaling that arises when beliefs are public. Applications to models of leadership, reputation, and trading are examined …
Persistent link: https://www.econbiz.de/10012826845
reputation are examined. …
Persistent link: https://www.econbiz.de/10012797860