Colombo, Ferdinando; Merzoni, Guido - Dipartimento di Economia Internazionale, delle … - 2007
The Kreps—Wilson—Milgrom—Roberts framework is one of the most renowned ways of modelling reputation—building. Once the number of repetitions of the game is considered as a choice variable, such a framework can fruitfully be employed to study the optimal length of a relationship. We...