which firms slant their reports toward the prior beliefs of their customers in order to build a reputation for quality. Bias …

makes ratings effective, reputation systems, as currently designed, sow the seeds of their own irrelevance …

Collective reputation implies an important externality. Among firms trading internationally, quality shocks about one … noninspected firms. These findings highlight the importance of collective reputation in international trade and the challenges … the strength of the reputation spillover. We find that the spillover effects are smaller in destinations where people have …

reputation. Cycles arise because investment in reputation causes self-fulfilling changes in the discount factor. Cycles are more …

firm invests, and the market shuts down. Learning introduces reputation incentives such that a fraction of entrants do … invest. If the market operates with spot prices, simple regulation can enhance the role of reputation to induce investment …

While a business's reputation can affect its pricing, prices can also affect its reputation. To explore the effect of … prices on reputation, we investigate daily data on menu prices and online ratings from a large rating and ordering platform …