We analyze a noncooperative dynamic game of group formation with group reputation. It is inspired by observations of … period. In a group, all firms share the same group reputation among consumers. After a failed firm exits, an entrant firm …

remains unclear. In each of six treatments that vary the cooperation premium and the informational basis for reputation … forces of (a) learning about the benefits of reputation, and (b) learning about backward unraveling. We find, inter alia …, that with a high cooperation premium and good information, investment in reputation grows across sets of finitely …

future security. We argue that a group's reputation is a public good with a natural weakest - link structure. We extend the …

Often information structures are such that while individual reputation building is impossible groups of agents would … have the possibility of building up a reputation. We experimentally examine whether groups of sellers in markets that … situations where sellers alternatively can build up an individual reputation or where there are no possibilities for reputation …

assessments. We investigate this theory in the lab, using treatments with and without reputation concerns and with and without … their assessments less dependent on actual decisions and statements. With or without reputation concerns, for the majority …

repay a group loan to safeguard their reputation. We show that the introduction of group loans with individual liability … importance to their reputation will select into individual liability loans, causing default rates and interest rates to rise for …

of patriotism, and among U.S. students concerning their university's reputation for intelligence in solving matrix … concerns in our laboratory experiment. Our results establish group image concerns as an important driver of individual behavior …