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Advertising in our days is moving to the social media since consumers are spending more and more time on such platforms that offer very customized information for each user. Facebook, for example, is trying to bring each person the most meaningful content, which means the advertising is...
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We build a model of reputation featuring a long-lived player (e.g. an online seller) and an infinite sequence of short …-lived players (e.g. online buyers) which is consistent with three crucial idiosyncrasies of online reputation systems. First …. Third, short-lived players may have partial knowledge about the entire history of the game to date given that the reputation …
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