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We consider an infinitely repeated game in which a privately informed, long-lived manager raises funds from short-lived investors in order to finance a project. The manager can signal project quality to investors by making a (possibly costly) forward-looking disclosure about her project's...
Persistent link: https://www.econbiz.de/10011504350
We consider an infinitely repeated game in which a privately informed, long-lived manager raises funds from short-lived investors in order to finance a project. The manager can signal project quality to investors by making a (possibly costly) forward-looking disclosure about her project's...
Persistent link: https://www.econbiz.de/10011506852
Persistent link: https://www.econbiz.de/10012430342
We develop a theory of collective brand reputation for markets in which product quality is jointly determined by local …
Persistent link: https://www.econbiz.de/10013193845
through reputation. We demonstrate that there are situations in which it is optimal for the criminal to always return the … files and situations in which it is not. We argue that the ability to build reputation will depend on how victims … they need to find ways of building a good reputation. …
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