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This paper empirically examines the impact of online reputation on investment in hotel industry. Recent theory suggests … that reputation could have ambiguous effects on investments. Using detailed firm-level data on investment expenditures, and … Meyer-ter-Vehn (2013), in which their good news model predicts that firms shirk when they have good reputation …
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aggregate dynamic global game analysis of reputation formation in credit markets. The selection of a unique equilibrium is …
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Economists have advocated, and courts have accepted a decline in the stock price of a defamed corporation as an economic measure of its reputational harm. Although the economic rationale for this approach is sound and widely accepted, its legal foundations and consistency with the damages...
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