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Team versus individual reputations : a model of interaction and some empirical evidence

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Author Info

  • Olivier Gergaud

    ()
    (OMI et TEAM)

  • Florine Livat

    (OMI)

Abstract

How 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 Info

Paper provided by Université Panthéon-Sorbonne (Paris 1) in its series Cahiers de la Maison des Sciences Economiques with number bla04015.

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Length: 32 pages
Date of creation: Feb 2004
Date of revision:
Handle: RePEc:mse:wpsorb:bla04015

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Keywords: Individual reputation; collective reputation; cultural goods.;

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References

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  1. Gregg A. Jarrell & Sam Peltzman, 1984. "The Impact of Product Recalls on the Wealth of Sellers," University of Chicago - George G. Stigler Center for Study of Economy and State 33, Chicago - Center for Study of Economy and State.
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  9. Andersson, Fredrik, 2002. "Pooling reputations," International Journal of Industrial Organization, Elsevier, vol. 20(5), pages 715-730, May.
  10. Steven Tadelis, 2003. "Firm reputation with hidden information," Economic Theory, Springer, vol. 21(2), pages 635-651, 03.
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  14. Tirole, Jean, 1994. ""A Theory of Collective Reputations" with Applications to the Persistence of Corruption and to Firm Quality," IDEI Working Papers 38, Institut d'Économie Industrielle (IDEI), Toulouse.
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Citations

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Cited by:
  1. Gergaud, Olivier & Livat, Florine, 2007. "How do consumers use signals to assess quality?," Working Papers 37296, American Association of Wine Economists.
  2. Roberta Sisto & Emilio De Meo & Antonio Lopolito, 2006. "Quality, Coordination and Collective Reputation in the San Severo Wine Production System," Quaderni DSEMS 17-2006, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
  3. Kolavalli, Shashidhara & Birner, Regina & Flaherty, Kathleen, 2012. "The comprehensive Africa agriculture program as a collective institution:," IFPRI discussion papers 1238, International Food Policy Research Institute (IFPRI).

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