scholarly journals The Reputation Trap

Econometrica ◽  
2021 ◽  
Vol 89 (6) ◽  
pp. 2659-2678 ◽  
Author(s):  
David K. Levine

Few want to do business with a partner who has a bad reputation. Consequently, once a bad reputation is established, it can be difficult to get rid of. This leads on the one hand to the intuitive idea that a good reputation is easy to lose and hard to gain. On the other hand, it can lead to a strong form of history dependence in which a single beneficial or adverse event can cast a shadow over a very long period of time. It gives rise to a reputational trap where an agent rationally chooses not to invest in a good reputation because the chances others will find out is too low. Nevertheless, the same agent with a good reputation will make every effort to maintain it. Here, a simple reputational model is constructed and the conditions for there to be a unique equilibrium that constitutes a reputation trap are characterized.

2019 ◽  
Vol 11 (3) ◽  
pp. 198-202
Author(s):  
R. Vlaeva ◽  
N. Lukanova ◽  
M. Popova

Abstract. The population status and breeding policy of the Danubian horse breed were studied for a relatively long period, from 1953-2017. The study traced the change in population number of the breed in decades and by different categories of animals. The analyses show a strong reduction in the number of Danubian horses in all categories. The small number of newborn foals is associated with the lowering number of breeding mares especially after the 1980s. In the last decade, according to an officially published bulletin by the breeding organization on the other hand, there was an increase in the number of mares and stallions and inconsistent with that number of breeding horses, newly born foals. In a historical aspect, the breeding policy of the Danubian horse showed some interesting and unpublished so far facts. Those facts are related, on the one hand, with the origin of the mares that became founders of families and, on the other hand, with the use of stallions of different breeds for input of purebred animals.


Africa ◽  
2005 ◽  
Vol 75 (3) ◽  
pp. 378-420
Author(s):  
Ibrahim Mouiche

AbstractThis article concerns the effects of globalization on Islam in the Bamum kingdom, Cameroon. Since its introduction into the kingdom at the beginning of the nineteenth century, Islam has been closely intertwined with ethnicity and the local political system has been consensual. Politically, Bamum royalty – as the secular arm of central power – has had the unconditional support of Islam. For a long period, ‘Bamum Islam’, with its origins in the Tijaniya tariqa, withdrew in on itself, unlike other parts of Africa where sufism is dominant. But since the start of the 1990s, both political liberalization and Isalmic modernity have had their effects in Bamum through what is called in Foumban the ‘Wahhabite’ infiltration, namely, all those who have studied in Sudan, Egypt, Saudi Arabia and Kuwait. The politico-religious foundation on which were based both the legitimacy of the royal household and the unity of the Bamum people has been undermined and disabled, provoking a crisis of identity. This crisis is evidenced, on the one hand, by the politicization of the Tijaniya on behalf of one opposition party, reforms and the destabilization of the dominant position of the Tijaniya, and, on the other hand, by a Tijaniya insurrection, open defiance and the weakening of the position of the Sultan-King of Bamum.


Author(s):  
Nathalie Deruelle ◽  
Jean-Philippe Uzan

This chapter discusses the laws of relativistic dynamics for continuous media, namely, the ‘fields’ that mediate interactions in relativistic theories, and also fluids. The concept of field introduced by Faraday and formalized by Maxwell lies at the heart of contemporary physics. The intuitive idea behind this concept is, on the one hand, that massive bodies, owing to their internal constitution, impregnate space with what are called ‘fields’, potential entities which are only revealed by the presence of other bodies possessing the same type of charge. On the other hand, there is the idea that the interactions between these bodies, which determine their motion, are effected through the intermediary of these fields. This physical concept of a field is represented mathematically by one or several functions of points p in Minkowski spacetime.


2011 ◽  
Vol 30 (3) ◽  
pp. 435-440
Author(s):  
Peter Milward

As Jane Austen would say, it is a truth universally acknowledged, even among Shakespeare scholars, that Shakespeare is the great enigma in English literature. To some extent this truth was partially covered up during the long period of Shakespeare scholarship when any discussion of Shakespeare's religion was considered taboo. But in the past couple of decades this taboo has been lifted to the extent that the theme proposed for the biennial Shakespeare Conference at Stratford in the year 2000 was ‘Shakespeare and Religions’. On the other hand, so far from resolving the Shakespearian enigma, the recent weakening of the taboo has only served to bring it more prominently into the foreground of scholarly attention and discussion. And of all the plays that may be said to centre on this enigma, it hardly needs to be said that Hamlet is not only one among many but the one play that may be called uniquely so—as being the most problematic of all Shakespeare's so-called ‘problem plays’.


1973 ◽  
Vol 2 (1) ◽  
Author(s):  
Heinz Meyer

AbstractRegarding to several aspects of the Olympic Games in Munich the discussion at first points to the image of sports as actions, which exist on the one hand exterritorially and which work on the other hand for peace in groups of like-minded persons. This image is contrasted to the character of top-athletism determined by the only view to performance. This character can be proofed by facts belonging to athletes, spectators or athletic events, which are organized by high investments. The top-athletism can be interpreted not only as a way of exceptional selffulfilling but also as a phenomenon of alienation, which regards psychic facts not as undiscussed values, but only in their function to vary achievement.It seems to be exact to differentiate physical training for everybody on the one side and top-athletism on the other side and to interprete top-athletism as a phenomenon of showbusiness. There are facts which proof the similarity of top-athletism and other kinds of showbusiness: the relation of few athletes and numerous spectators, high material and immaterial gratifications, the existence of prominent persons and stars, the uncertainty of the careers after a long period of learning and training and the undifferentiated intellectual activities of the athletes as well as of the spectators.


Author(s):  
Stefan Krause ◽  
Markus Appel

Abstract. Two experiments examined the influence of stories on recipients’ self-perceptions. Extending prior theory and research, our focus was on assimilation effects (i.e., changes in self-perception in line with a protagonist’s traits) as well as on contrast effects (i.e., changes in self-perception in contrast to a protagonist’s traits). In Experiment 1 ( N = 113), implicit and explicit conscientiousness were assessed after participants read a story about either a diligent or a negligent student. Moderation analyses showed that highly transported participants and participants with lower counterarguing scores assimilate the depicted traits of a story protagonist, as indicated by explicit, self-reported conscientiousness ratings. Participants, who were more critical toward a story (i.e., higher counterarguing) and with a lower degree of transportation, showed contrast effects. In Experiment 2 ( N = 103), we manipulated transportation and counterarguing, but we could not identify an effect on participants’ self-ascribed level of conscientiousness. A mini meta-analysis across both experiments revealed significant positive overall associations between transportation and counterarguing on the one hand and story-consistent self-reported conscientiousness on the other hand.


2005 ◽  
Vol 44 (03) ◽  
pp. 107-117
Author(s):  
R. G. Meyer ◽  
W. Herr ◽  
A. Helisch ◽  
P. Bartenstein ◽  
I. Buchmann

SummaryThe prognosis of patients with acute myeloid leukaemia (AML) has improved considerably by introduction of aggressive consolidation chemotherapy and haematopoietic stem cell transplantation (SCT). Nevertheless, only 20-30% of patients with AML achieve long-term diseasefree survival after SCT. The most common cause of treatment failure is relapse. Additionally, mortality rates are significantly increased by therapy-related causes such as toxicity of chemotherapy and complications of SCT. Including radioimmunotherapies in the treatment of AML and myelodyplastic syndrome (MDS) allows for the achievement of a pronounced antileukaemic effect for the reduction of relapse rates on the one hand. On the other hand, no increase of acute toxicity and later complications should be induced. These effects are important for the primary reduction of tumour cells as well as for the myeloablative conditioning before SCT.This paper provides a systematic and critical review of the currently used radionuclides and immunoconjugates for the treatment of AML and MDS and summarizes the literature on primary tumour cell reductive radioimmunotherapies on the one hand and conditioning radioimmunotherapies before SCT on the other hand.


2003 ◽  
pp. 15-26
Author(s):  
P. Wynarczyk
Keyword(s):  
The Core ◽  

Two aspects of Schumpeter' legacy are analyzed in the article. On the one hand, he can be viewed as the custodian of the neoclassical harvest supplementing to its stock of inherited knowledge. On the other hand, the innovative character of his works is emphasized that allows to consider him a proponent of hetherodoxy. It is stressed that Schumpeter's revolutionary challenge can lead to radical changes in modern economics.


2018 ◽  
Vol 4 (1) ◽  
pp. 67-84
Author(s):  
Wahyudin Noor

Abstract Pesantren are often associated with backwardness and traditionalism in everything: facilities, technology, learning methods, and even the curriculum. For now, it seems like the traditional term for pesantren is no longer relevant enough. The pace of movement in the era of renewal marked by the rapid development of technology has demanded pesantren to make adjustments. However, on the one hand, when viewed from the direction of change, the reform efforts pursued by pesantren are not to erase the old tradition, but merely to add something new so that the old tradition and conditions can be maintained while accepting the presence of a new one. On the other hand, the reform efforts undertaken by pesantren have implications for the fact that the typical values of the pesantren are fading away. Abstrak  Pesantren seringkali diasosiasikan dengan keterbelakangan dan tradisional dalam segala hal: fasilitas, teknologi, metode pembelajaran, dan bahkan kurikulumnya. Untuk saat ini, sepertinya istilah tradisional untuk pesantren, sudah tidak lagi cukup relevan. Laju gerak pembaharuan zaman yang ditandai dengan pesatnya perkembangan teknologi telah menuntut pesantren untuk melakukan penyesuaian diri. Kendatipun demikian, di satu sisi, jika dilihat dari arah perubahan, upaya pembaharuan yang ditempuh pesantren tidaklah untuk menghapus tradisi yang lama, tetapi sekadar menambah dengan sesuatu yang baru sehingga tradisi maupun kondisi yang lama bisa dipertahankan sambil menerima kehadiran yang baru. Di sisi yang lain, upaya pembaharuan yang dilakukan pesantren ternyata berimplikasi pada kenyataan akan semakin pudarnya nilai-nilai khas yang dimiliki oleh pesantren.


2018 ◽  
Vol 1 (1) ◽  
pp. 37-52
Author(s):  
Karimatul Khasanah
Keyword(s):  

BASYARNAS’s verdict in resolving dispute can be negotiated or cancelled by submitting nullification to the Religious Court if the parties or one of them felt dissatisfied with the BASYARNAS verdicts. This case is important to be reviewed academically because of its paradox and ambiguity. On the one hand the decision is final and binding, but on the other hand it could be cancelled through the Religious Court. If the BASYARNAS verdicts really want to be final and binding, the nullification of the verdicts should be abolished. It can be replaced by an amendment of the verdict submitted to BASYARNAS and handed back to the arbitrator (arbitrator panel) who handles the dispute. Apart being fast and confidential, the arbitrator (judge) is more aware of the case, the reasons, evidences and witnesses of the dispute.


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