SIMPLE BOUNDS ON THE VALUE OF A REPUTATION
成果类型:
Article
署名作者:
Gossner, Olivier
署名单位:
Paris School of Economics; University of London; London School Economics & Political Science
刊物名称:
ECONOMETRICA
ISSN/ISSBN:
0012-9682
DOI:
10.3982/ECTA9385
发表日期:
2011
页码:
1627-1641
关键词:
摘要:
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.
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