Bad reputation with simple rating systems

DOI10.1016/J.GEB.2023.07.019MaRDI QIDQ6148366zbMATHOpenAlexFDO

Authors Caio Lorecchio, Daniel Monte

Publication date 11 January 2024

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.geb.2023.07.019

zbMATH Keywords

bounded rationalityrating systemsbad reputation

Mathematics Subject Classification ID

Multistage and repeated games (91A20) Economics of information (91B44)

Recommendations

• Sustainable reputations with rating systems
• (Bad) reputation in relational contracting
• The dynamics of reputations
• Limited records and reputation bubbles
• When is reputation bad?

Cites work

• scientific article; zbMATH DE number 52448 (Why is no real title available?)
• Bad Reputation
• Bounded memory and biases in information processing
• Bounded memory and permanent reputations
• Imperfect Monitoring and Impermanent Reputations
• Learning with Finite Memory
• Learning with bounded memory in games
• Maintaining a Reputation when Strategies are Imperfectly Observed
• Plausible cooperation
• Repeated games with incomplete information. With the collaboration of Richard E. Stearns
• Reputation and Equilibrium Selection in Games with a Patient Player
• Sustainable reputations with rating systems

Cited in

(4)

• (Bad) reputation in relational contracting
• Memory and markets
• Reputation-based persuasion platforms
• Partial credence goods on review platforms

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