This paper examines reputation, the belief of a decision maker about types of advisors, in a two period cheap talk …

This study aims to investigate whether CEOs use the media as a strategic tool to manage and enhance reputation. This is … future events that influence their reputation. The tendency of CEOs to give press interviews is examined as a function of a … strategic tool to manage and enhance reputation.The author shows that interviews tend to follow positive firm performance, and …

reputation system on market outcomes. We consider both a structured measure summarized in a numerical reputation score and a … buyers trade off reputation (both structured and unstructured) and price and are willing to accept higher bids posted by more … reputable bidders. Sellers also respond to changes in their own reputation through three different channels. They increase their …

information about the expert's ability is private to traders and only revealed through trades. When the expert's reputation is …

information about the multiplier. We discuss potential reasons for the deviation between theory and experimental data. …

I study reputation models in which information about the long-run player's past behavior is dispersed among short …-run players. I identify two challenges to reputation building when such information is aggregated via the short-run players …-run player's current period action, I propose a resistent to learning condition under which reputation fails. This is because the …

agent's initial effort has persistent effects, and on the role of reputation in models with endogenous turnover. …