Construct · 1 fields · 1 citations

reputation effects: a standalone construct

One name. One construct. A landmark on the map.

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Game theory

how a small chance that a player is a committed type lets them build a tough reputation in repeated play.

In game theory, reputation effects refers to how a small chance that a player is a committed type lets them build a tough reputation in repeated play. This meaning comes from Kreps (1982) in Journal of Economic Theory.[1]

Unit
Recovery means
Measured by

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Nearby constructs

reputation4 fields · 4 citationsjingle · one word, four constructs chance4 fields · 6 citationsjingle · one word, four constructs game2 fields · 3 citationsjingle · one word, two constructs

References

Kreps, D. M., & Wilson, R. (1982). Reputation and imperfect information. Journal of Economic Theory, 27(2), 253-279. https://doi.org/10.1016/0022-0531(82)90030-8

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