Koch, Alexander K.; Morgenstern, Albrecht; Raab, Philippe - School of Economics and Management, University of Aarhus - 2009
-Classification: C91, D83, L14
Keywords: Incentives; Reputation; Career concerns; Signal jamming; Experiments
∗We are grateful to Armin … behavior can often be sustained for
some time because players will engage in behavior in the first rounds to build a reputation … for being
a ‘cooperative’ type (e.g., Kreps et al. 1982).18
Indeed, there is experimental evidence for such reputation …