Reputation systems aim to induce honest behavior in online trade by providing information about past conduct of users …. Online reputation, however, is not directly connected to a person, but only to the virtual identity of that person. Users can … therefore shed a negative reputation by creating a new account. We study the effects of such identity changes on the efficiency …

How do lenders use their reputation when participating in syndicated loans? I address this question by focusing on … syndicate composition with respect to participants' reputation and its impact on loan spreads. I find that lender reputation … market finance features, rather than bank finance. However I find no evidence that lenders use their reputation and the …

Is the reputation of a firm tradeable when the previous owner has to retire even though ownership change is observable … good type. Hence reputation is tradeable, although ownership change is observable. In our model, reputation is an …

Reputation is growing as a very important asset in everyday corporate life and it is even crucial for financial … corporations. The main financial institutions consider reputation as one of the six risk factors to be managed by any corporation …

reputation: “Reputation Failure.” By spotlighting the public-good nature of reviews, rankings, and even gossip, this Article … biases that systematically distort it. The Article argues that these distortions are inherent to most systems of reputation … and that they make reputation far less reliable than traditionally understood.The limits of reputation highlight the …

We study a canonical model of reputation between a long-run player and a sequence of short-run opponents, in which the … long-run player is privately informed about an uncertain state that determines the monitoring structure in the reputation … sufficient conditions (on the monitoring structure and the type space) to obtain reputation building in this setting …

This paper empirically examines the impact of online reputation on investment in hotel industry. Recent theory suggests … that reputation could have ambiguous effects on investments. Using detailed firm-level data on investment expenditures, and … Meyer-ter-Vehn (2013), in which their good news model predicts that firms shirk when they have good reputation …

reputation. Several aspects distinguish our work from most existing research. We analyze a heterogeneous panel data consisting of … a large number of observations over a large period of time, including significant variation in reputation across and … of reputation on sale price. In contrast, our results point to a highly significant, and sizable, impact of reputation on …

In this paper, we analyze how different dimensions of a seller's reputation affect pricing power in electronic markets … structure dimensions of importance from feedback posted on reputation systems. By aggregating and scoring these dimensions based … on the sentiment they contain, we use them to estimate a series of econometric models associating reputation with price …