This paper offers a systematic exploration of reputation mechanism design in trading environments with opportunistic …. The objective of reputation mechanisms in such settings is to induce sellers to exert high effort as often as possible. I … reputation profile, the policy regarding missing feedback, and the rules for admitting new sellers) on the resulting market …

improve efficiency in outcomes that would be feasible without cheap talk. The basic driving force is reputation effect. If the … players are concerned about their reputation, cheap talk cannot be taken as meaningless even in a game where the interests of …

are essential to well functioning markets. Internet-enabled reputation mechanisms that collect and disseminate consumer … the ability of reputation and more traditional litigation-like mechanisms for dispute resolution to induce efficient … individually or as complements. We find that the popular view of reputation as an efficient and relatively costless way to induce …

price-takers. Entrants have an endogenous reputation uE. In the steady-state equilibrium, uE is the lowest reputation among …

The ability of a long-lived seller to maintain and profit from a good reputation may induce her to provide high quality … share it with the community and acquire a reputation for gossiping. Reputations function in tandem: sellers provide high … made public, while information holders share their information as a reputation for doing so results in higher effort from …

theory. Our unified reputation framework theoretically allows for either the good or the bad reputation prediction to emerge …We experimentally test whether the possibility of building a reputation impacts behavior in the manner suggested by …. Our design additionally varies whether reputation building is possible or not by making the past choices of the long run …