THE REPUTATION TRAP

Few want to do business with a partner who has a bad reputation. Consequently, once a bad reputation is established, it can be difficult to get rid of. This leads on the one hand to the intuitive idea that a good reputation is easy to lose and hard to gain. On the other hand, it can lead to a strong...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	Econometrica 2021-11, Vol.89 (6), p.2659-2678
1. Verfasser:	Levine, David K.
Format:	Artikel
Sprache:	eng
Schlagworte:	Critical incidents Economic theory history dependence repeated game Reputation Reputations
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!