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Handicaps on Timing to Improve Reputation

Author

Listed:
  • Amihai Glazer

    (Department of Economics, University of California-Irvine)

Abstract

An agent may be able to address a task at different times, with the state of nature more favorable to the task in some periods over others. Success on a task will therefore more greatly improve the agent's reputation following success on a task if he is constrained in choosing when to address the task than if he enjoys flexibility in timing. These considerations may explain why presidents emphasize achievements in their first hundred days in office, and why performance of the economy in only some quarters of a president's term affect elections.

Suggested Citation

  • Amihai Glazer, 2012. "Handicaps on Timing to Improve Reputation," Working Papers 111210, University of California-Irvine, Department of Economics.
    • Handle: RePEc:irv:wpaper:111210
    as

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    File URL: https://www.economics.uci.edu/files/docs/workingpapers/2011-2012/glazer-10.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Reputation; Principal-agent; Policy making;
    All these keywords.

    JEL classification:

    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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