This paper analyzes the optimal quality decision of a producer in a multi-period setting with reputation effects. Using a unique database of returns on real estate limited partnerships (RELPs), we empirically examine alternative theoretical predictions of optimal producer strategy. In particular, we test whether the producers in our market invest in reputation building by initially selling high...

2 Faculty of Information Technology, University of Technology, Sydney Broadway, Australia [email protected] Abstract. The growing development of web-based reputation systems in the 21 century will have a powerful social and economic impact on both business entities and individual customers, because it makes transparent quality assessment on products and services to achieve customer assurance...

Reputation management is a powerful security tool that helps establish the trustworthiness of users in online applications. One of the most successful use of reputation systems is on e-commerce web sites such as eBay.com and Amazon.com, which use reputation systems to root out fraudulent sellers. Reputation systems can also play an important role in social networks to enforce various security r...

Bulow and Rogoff (1989b) show that as long as governments can earn the market rate of return by saving abroad, standard reputation models cannot support debt. We argue that these standard reputation models are partial in the sense that actions of agents in one arena affect reputation in that arena only. We develop a general model of reputation in which if a government is viewed as untrustworthy...

Universities nowadays face an increasing competition for high-potential students. As students rely on opinions of their peers when deciding for a study program, universities benefit from positive word-of-mouth (WoM). A good way to increase positive WoM is to establish a favorable reputation among their current students. Therefore, this study investigates reputational drivers with a focus on the...

Although internationalisation underpins many practices in higher education, its adopted approaches can be uneven between institutions and create ambiguous conceptualisations of how it is enacted practice. Therefore, a whole-sector analysis provide insight into whether spaces exist for new innovative to internationalisation, or they might limited by structural inequalities pressures the sector. ...

Online reputation systems were created to enable buyers and sellers participating in online transactions to evaluate the reputations of potential trading partners. These systems were then expanded to additional domains targeting the evaluation of encounters with professionals such as university professors, teachers, and physicians. This paper examines key properties of two online reputations sy...

In this paper we analyze how a Technology Transfer Office (TTO) developing a reputation in the sale of university research may affect a scientist’s willingness to disclose ideas to the university. The TTO receives projects from academic scientists each period and then must decide whether to check the quality of each project. Checking the quality of projects and only licensing high valued projec...

This paper studies reputation effects in a class of games with imperfect public monitoring and two long-lived players, both of whom have private information about their own type and uncertainty over the types of the other player. Players may be either a strategic type who maximizes expected utility or a (simple) commitment type who plays a prespecified action every period. As in standard models...