experts' incentives to defraud their customers when experts can build up reputation. We show that the level of fraud is …

monopolistic certifier can be hump-shaped in its reputation for accuracy: a higher accuracy attracts high-quality sellers but … one certifier, competition plays a disciplining role and the region where reputation is bad shrinks. Conversely, this …

gradually builds up her reputation. Principal provides full information in every period as long as he has always observed his …

securities or products from those of lower quality include: (1) developing a reputation for high quality, (2) certification by a … reputation are available, and (3) there are many sellers employing different combinations of the four strategies. Of the four … that both how positive or negative the seller's reputation is and how well established that reputation is significantly …

bad sellers mimic the signalling strategy of good sellers. In this case, we show that an alternative simple reputation …This paper develops a model of simple 'reputation systems' that monitor and publish information about the behavior of … determine the effects of the introduction of a reputation system on the behavior and welfare of buyers and sellers in such a …

can disentangle self-selection from reputation effects. Based on 476 taxi rides with four different types of taxis, we can … show strong reputation effects on the prices and service quality of drivers, while there is practically no evidence of a …

can disentangle self-selection from reputation effects. Based on 476 taxi rides with four different types of taxis, we can … show strong reputation effects on the prices and service quality of drivers, while there is practically no evidence of a …

can disentangle self-selection from reputation effects. Based on 476 taxi rides with four different types of taxis, we can … show strong reputation effects on the prices and service quality of drivers, while there is practically no evidence of a …

can disentangle self-selection from reputation effects. Based on 476 taxi rides with four different types of taxis, we can … show strong reputation effects on the prices and service quality of drivers, while there is practically no evidence of a …