Credit-rating agencies have an incentive to maintain a public reputation for credibility among investors but also have … an incentive to develop a second, private reputation for leniency among issuers. We show that in markets with few issuers … form a “double reputation.” The model extends the existing literature on “cheap-talk” reputation to the case of two …

To analyze strategic interactions arising in the cyber-security context, we develop a new reputation game model in …

the equilibrium payoff of the long-lived player (demonstrating ex ante reputation effects) and to show that this lower … bound is asymptotically irrelevant under imperfect monitoring (demonstrating the impermanence of reputation effects). The … chapter continues by examining the (necessarily weaker) reputation results that can be established for the case of two long …

, we introduce a state variable which we interpret as a measure of reputation. This gives the optimization problem …