G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11513
DP11513 Reputation with Opportunities for Coasting
Heski Bar-Isaac; Joyee Deb
发表日期2016-09-19
出版年2016
语种英语
摘要Reputation concerns can discipline agents and generate good outcomes. But what if outcomes are not always observed? Infrequent observation can strengthen reputation incentives and encourage effort. By exerting effort when outcomes are more likely observed, the agent can improve her reputation, and when the audience is inattentive in the future, she can ”coast” on this reputation without additional effort. Such opportunities to coast in the future can in fact lead to greater overall effort than constant observation. We characterize the optimal observability structure to maximize efficient effort. This has implications for the design of review systems or performance feedback systems.
主题Industrial Organization
关键词Reputation Coasting Observability
URLhttps://cepr.org/publications/dp11513
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/540327
推荐引用方式
GB/T 7714
Heski Bar-Isaac,Joyee Deb. DP11513 Reputation with Opportunities for Coasting. 2016.
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