We study a firm's incentives to build and maintain reputation for quality, when quality is persistent and can be … investment– depend only on the firm's reputation. MPE vary in frequency of certification and payoffs, but are generally …

a firm with a low reputation to reestablish itself. But, the ability to promote can crowd out incentives for investment … at high reputations; the firm allows its reputation to decay more before it is renewed relative to a firm motivated by …

behavior a reputation system is particularly important to reduce information asymmetries about the quality of the offered … product or service. In this study we examine the effectiveness of a reputation system to reduce information asymmetries when … choices and short-lived customers are asked to evaluate the observed quality by providing ratings to a reputation system. The …

This paper studies the reputation effect in which a long-lived player faces a sequence of uninformed short …

A patient seller faces a sequence of buyers and decides whether to build a reputation for supplying high quality … results provide an explanation to empirical findings of reputation failures in developing countries. I also discuss the …

Does a worker who had a successful career have stronger or weaker incentives to manipulate his reputation than a worker … employment histories that lead to the same worker's reputation. (With reputation we refer to beliefs about the worker's future … productivity.) We show that, typically, workers with a better reputation have stronger incentives than workers with a worse …