Simple bounds on the value of a reputation

Gossner, Olivier ORCID: 0000-0003-3950-0208 (2011) Simple bounds on the value of a reputation. Econometrica, 79 (5). pp. 1627-1641. ISSN 0012-9682

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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
Divisions:	Mathematics
Subjects:	H Social Sciences > HB Economic Theory Q Science > QA Mathematics
Date Deposited:	17 Oct 2011 10:53
Last Modified:	11 Dec 2024 23:57
URI:	http://eprints.lse.ac.uk/id/eprint/38927

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