Gossner, Olivier (2011) Simple bounds on the value of a reputation. Econometrica, 79 (5). pp. 1627-1641. ISSN 0012-9682
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 |
|---|---|
| Official URL: | http://www.econometricsociety.org/tocs.asp |
| Additional Information: | © 2011 The Econometric Society |
| Library of Congress subject classification: | H Social Sciences > HB Economic Theory Q Science > QA Mathematics |
| Sets: | Departments > Mathematics |
| Date Deposited: | 17 Oct 2011 10:53 |
| URL: | http://eprints.lse.ac.uk/38927/ |
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