announcements is called a rating system. We show that, absent reputation effects, information censoring cannot improve attainable …, Mailath and Samuelson (2004), where it is shown that reputation effects do not last forever in such games if buyers can … the seller's payoff. -- Reputations ; Rating Systems ; Online Reputation Mechanisms ; Disappearing Reputations ; Permanent …

Often information structures are such that while individual reputation building is impossible groups of agents would … have the possibility of building up a reputation. We experimentally examine whether groups of sellers in markets that … situations where sellers alternatively can build up an individual reputation or where there are no possibilities for reputation …