Imperfect Monitoring and Impermanent Reputations
Martin Cripps,
George Mailath and
Larry Samuelson ()
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Larry Samuelson: Department of Economics, University of Wisconsin-Madison
PIER Working Paper Archive from Penn Institute for Economic Research, Department of Economics, University of Pennsylvania
Abstract:
We study the long-run sustainability of reputations in games with imperfect public monitoring. It is impossible to maintain a permanent reputation for playing a strategy that does not play an equilibrium of the game without uncertainty about types. Thus, a player cannot indefinitely sustain a reputation for non-credible behavior in the presence of imperfect monitoring.
Keywords: Reputation; Imperfect Monitoring; Repeated Games (search for similar items in EconPapers)
JEL-codes: C70 C78 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2002-07-30, Revised 2003-05-30
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Citations: View citations in EconPapers (3)
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https://economics.sas.upenn.edu/sites/default/file ... ng-papers/03-016.pdf (application/pdf)
Related works:
Working Paper: Imperfect Monitoring and Impermanent Reputations (2010)
Journal Article: Imperfect Monitoring and Impermanent Reputations (2004)
Working Paper: Imperfect monitoring and impermanent reputations (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:pen:papers:03-016
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