Losing funds or losing face? Reputation and accountability in the credit rating industry

DOI10.1016/J.JEDC.2022.104520MaRDI QIDQ2098016zbMATH OpenOpenAlexFDO

Authors Martin Angerer, Matthias Herrmann-Romero, Wiebke Szymczak

Publication date 17 November 2022

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1016/j.jedc.2022.104520

zbMATH Keywords

accountabilityconflict of interestexperimentrating agenciesreputation

Mathematics Subject Classification ID

Game theory, economics, finance, and other social and behavioral sciences (91-XX)

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Cites work

• Does Competition Affect Truth Telling? An Experiment with Rating Agencies*
• Duopoly supergames with product differentiation
• Exploiting moral wiggle room: experiments demonstrating an illusory preference for fairness
• scientific article; zbMATH DE number 592673 (Why is no real title available?)
• scientific article; zbMATH DE number 592674 (Why is no real title available?)
• Incentives and cheating
• Managing with Style: The Effect of Managers on Firm Policies
• Preferences for Truth‐Telling
• Reining in excessive risk-taking by executives: the effect of accountability
• The Folk Theorem in Repeated Games with Discounting or with Incomplete Information

Cited in

(3)

• Existence of unsolicited ratings
• Earnings management, credit rating opinion purchase and credit supervision: research based on refined Bayesian equilibrium game
• Do sovereign credit ratings matter for corporate credit ratings?

Describes a project that uses

Uses Software

• oTree

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