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Information exchange in laboratory markets: competition, transfer costs, and the emergence of reputation

Public reputation mechanisms are an effective means to limit opportunistic behavior in markets suffering from moral hazard problems. While previous research was mostly concerned with the influence of exogenous feedback mechanisms, this study considers the endogenous emergence of reputation through d...

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Detalles Bibliográficos
Autores principales: Hoffmann, Roman, Kittel, Bernhard, Larsen, Mattias
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7954753/
https://www.ncbi.nlm.nih.gov/pubmed/33786011
http://dx.doi.org/10.1007/s10683-020-09652-0