Team versus individual reputations : a model of interaction and some empirical evidence
AbstractHow do individuals, goods or services (e.g. researchers) through their own reputation give birth to a group's reputation (e.g. a laboratory) and conversely how do they take advantage of this group's reputation. Do they contribute to (derive benefit from) the group's reputation proportionally to their individual reputation or in a different way? To answer these questions we develop in this paper a theoretical model in which collective reputation both determines and is determined -simultaneously- by individual reputations as suggested first by Tirole (1996). This paper also proposes an empirical strategy to assess both umbrella impacts (the impact of a collective reputation on a given individual reputation) and contributions to the umbrella (the contrary). Then, the theoretical model is applied to the case of Bordeaux wines from a rich dataset on individual opinions.
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Bibliographic InfoPaper provided by Université Panthéon-Sorbonne (Paris 1) in its series Cahiers de la Maison des Sciences Economiques with number bla04015.
Length: 32 pages
Date of creation: Feb 2004
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Individual reputation; collective reputation; cultural goods.;
Find related papers by JEL classification:
- L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality
- L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
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