Gossner, Olivier (2011) Simple bounds on the value of a reputation. Econometrica, 79 (5). pp. 1627-1641. ISSN 0012-9682
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Identification Number: 10.3982/ECTA9385
Abstract
We introduce entropy techniques to study the classical reputation model in which a long-run player faces a series of short-run players. The long-run player's actions are possibly imperfectly observed. We derive explicit lower and upper bounds on the equilibrium payoffs to the long-run player.
Item Type: | Article |
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Official URL: | http://www.econometricsociety.org/tocs.asp |
Additional Information: | © 2011 The Econometric Society |
Divisions: | Mathematics |
Subjects: | H Social Sciences > HB Economic Theory Q Science > QA Mathematics |
Date Deposited: | 17 Oct 2011 10:53 |
Last Modified: | 16 May 2024 01:17 |
URI: | http://eprints.lse.ac.uk/id/eprint/38927 |
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