This paper argues that the sharing economy — through the use of the Internet and real time reputational feedback mechanisms — is providing a solution to the “lemons problem” that many regulations, and regulators, have spent decades attempting to overcome. Section I provides an overview...

This paper examines one of the most important marketing strategies by software producers on the Internet. That is whether to offer free samples and if so, whether to list the samples on shareware repositories. I show that firms with higher value products have a greater incentive to offer free...

We consider the impact of history on the survival of a monopolist selling single units in discrete time periods, whose quality is learned slowly. If the seller learns her own quality at the same rate as customers, a sufficiently bad run of luck could induce her to stop selling. When she knows...

This is paper analyses the interrelationship between perceived journal relevance and reputation. Based on a survey of 705 members of the German Economic Association, we find a strong interrelationship between journal reputation and relevance where a journal's perceived relevance has a stronger...

In diesem Aufsatz stellen wir die Ergebnisse einer Umfrage unter den Mitgliedern des Vereins für Socialpolitik vor, welche die Bewertung der Relevanz und Reputation ökonomischer Fachzeitschriften zum Ziel hatte. Bei der Bewertung der Relevanz werden internationale englischsprachige...

This is paper analyses the interrelationship between perceived journal relevance and reputation. Based on a survey of 705 members of the German Economic Association, we find a strong interrelationship between journal reputation and relevance where a journal's perceived relevance has a stronger...

A Bayesian consumer who is uncertain about the quality of an information source will infer that the source is of higher quality when its reports conform to the consumer's prior expectations. We use this fact to build a model of media bias in which firms slant their reports toward the prior...

Although nascent ventures have not yet developed a performance-based reputation, the individual reputations of their founders, based on the performance of their earlier ventures, can function as important signals to investors. Selection system theory distinguishes between different types of...

In diesem Aufsatz stellen wir die Ergebnisse einer Umfrage unter den Mitgliedern des Vereins für Socialpolitik vor, welche die Bewertung der Relevanz und Reputation ökonomischer Fachzeitschriften zum Ziel hatte. Bei der Bewertung der Relevanz werden internationale englischsprachige...