Showing 1 - 10 of 1,102
conveying reputational information. Based on evidence from five transition countries, we find that trade associations’ role as …Inter-firm information exchange with respect to the reliability of trade partners may be unmediated in the sense that … it involves direct communication between the personnel of two firms. Alternatively, this information flow may be …
Persistent link: https://www.econbiz.de/10010301256
conveying reputational information. Based on evidence from five transition countries, we find that trade associations’ role as …Inter-firm information exchange with respect to the reliability of trade partners may be unmediated in the sense that … it involves direct communication between the personnel of two firms. Alternatively, this information flow may be …
Persistent link: https://www.econbiz.de/10005784689
whether or not information on contractual disputes between firms is disseminated to other market participants. We find that … these reputation flows are channeled both through informal communication among firms as well as through third party …
Persistent link: https://www.econbiz.de/10005636273
conveying reputational information. Based on evidence from five transition countries, we find that trade associations’ role as …Inter-firm information exchange with respect to the reliability of trade partners may be unmediated in the sense that … it involves direct communication between the personnel of two firms. Alternatively, this information flow may be …
Persistent link: https://www.econbiz.de/10009477449
This paper studies the role of communication and reputation in market interactions using data from online procurement … auctions. Not only positive reputation ratings but also engaging in communication increases a bidder's probability of winning … the auction. Messages are primarily used to reduce the asymmetric information associated with transactions. …
Persistent link: https://www.econbiz.de/10010285498
, that with a high cooperation premium and good information, investment in reputation grows across sets of finitely … remains unclear. In each of six treatments that vary the cooperation premium and the informational basis for reputation … forces of (a) learning about the benefits of reputation, and (b) learning about backward unraveling. We find, inter alia …
Persistent link: https://www.econbiz.de/10010126752
Building on the seminal paper of Ordover, Saloner and Salop (1990), I study the role of reputation building on … foreclosure in laboratory experiments. In one-shot interactions, upstream firms can choose to build a reputation by revealing … their price history to the current upstream competitor. In particular, integrated firms can establish a reputation to …
Persistent link: https://www.econbiz.de/10011555141
We develop and estimate a general equilibrium model to quantitatively assess the effects and welfare implications of central bank transparency. Monetary policy can deviate from active inflation stabilization and agents conduct Bayesian learning about the nature of these deviations. Under...
Persistent link: https://www.econbiz.de/10011560575
Online ratings play an important role in many markets. We study the often disputed information content of these ratings …
Persistent link: https://www.econbiz.de/10012815762
We study the role of information about the multiplier in a finitely repeated investment game. A high multiplier … information about the multiplier. We discuss potential reasons for the deviation between theory and experimental data. …
Persistent link: https://www.econbiz.de/10012422494