I show how changes in competition affect the power of reputation to induce sellers to exert effort. The impact of … the value of building a reputation through effort. In this framework, more competition depresses hosts' profits and leads … competition on sellers' incentives is theoretically ambiguous. More competition disciplines sellers, but, at the same time, it …

I show how changes in competition affect the power of reputation to induce sellers to exert effort. The impact of … the value of building a reputation through effort. In this framework, more competition depresses hosts' profits and leads … competition on sellers' incentives is theoretically ambiguous. More competition disciplines sellers, but, at the same time, it …

We suggest a model of electoral competition between two parties which is extended by a third player : mass media. The … classical one-dimensional competition model is changed by introducing an issue-specific sensibility-coefficient and by allowing …

efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …

efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …

smaller CRAs and new incumbents are the increase of market share as well as reputation. Therefore, the market competition … prevailing incentive problem of the market and contemporaneously satisfy the reputation demand of the investors? This paper … theoretical approach that considers reputation as one of the most important aspects within the market. After analysing the status …