information about the multiplier. We discuss potential reasons for the deviation between theory and experimental data. …

gradually builds up her reputation. Principal provides full information in every period as long as he has always observed his …

I study reputation models in which information about the long-run player's past behavior is dispersed among short …-run players. I identify two challenges to reputation building when such information is aggregated via the short-run players …-run player's current period action, I propose a resistent to learning condition under which reputation fails. This is because the …

monopolistic certifier can be hump-shaped in its reputation for accuracy: a higher accuracy attracts high-quality sellers but … one certifier, competition plays a disciplining role and the region where reputation is bad shrinks. Conversely, this …

of rules. Using the context of informal milk markets in India, we examine the role of reputation and norms of honesty as … potential explanations. Our results show that individuals cannot verify milk quality, which weakens the scope of reputation …