کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
957742 928560 2007 30 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Disappearing private reputations in long-run relationships
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Disappearing private reputations in long-run relationships
چکیده انگلیسی

For games of public reputation with uncertainty over types and imperfect public monitoring, Cripps et al. [Imperfect monitoring and impermanent reputations, Econometrica 72 (2004) 407–432] showed that an informed player facing short-lived uninformed opponents cannot maintain a permanent reputation for playing a strategy that is not part of an equilibrium of the game without uncertainty over types. This paper extends that result to games in which the uninformed player is long-lived and has private beliefs, so that the informed player's reputation is private. The rate at which reputations disappear is uniform across equilibria and reputations also disappear in sufficiently long discounted finitely repeated games.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Theory - Volume 134, Issue 1, May 2007, Pages 287–316
نویسندگان
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