When searching for a new job, unemployed young people face several challenges. They need to know which jobs are suited for them, where to find them and how to apply. Furthermore, especially in times of weak labour markets, they need resilience against repeated rejections. Previous research has...

Public reputation mechanisms are an effective means to limit opportunistic behavior in markets suffering from moral hazard problems. While previous research was mostly concerned with the influence of exogenous feedback mechanisms, this study considers the endogenous emergence of reputation...