经济A Theory of Collective Reputations (with Applications to the Persistence of Corruption and to Firm Quality)

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A Theory of Collective Reputations (with Applications to the Persistence of Corruption and to Firm Quality)

文献名称	A Theory of Collective Reputations (with Applications to the Persistence of Corruption and to Firm Quality)
文献作者	Jean Tirole
作者所在单位	Université de Toulouse
文献分类	已发表文献
学科一级分类	经济
学科二级分类	新制度经济学
文献摘要	The paper is a first attempt at modelling the idea of group reputation as an aggregate of individual reputations. A member's current incentives are affected by his past behaviour and, because his track record is observed only with noise, by the group's past behaviour as well. The paper thus studies the joint dynamics of individual and collective reputations and derives the existence of stereotypes from history dependence rather than from a multiplicity of equilibria or from the existence of a common trait as is usually done in the literature. It shows that new members of an organization may suffer from an original sin of their elders long after the latter are gone, and it derives necessary and sufficient conditions under which group reputations can be rebuilt. Last, the paper applies the theory to analyse when a large firm can maintain a reputation for quality.
参考文献
关键字	Collective Reputations,Firm Quality
发表所在刊物（或来源）	Review of Economic Studies,Vol. 63, No. 1 (Jan., 1996), pp. 1-22
发表时间	Jan., 1996
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