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- handle: 10670/1.yc6ivh
- halshs: halshs-00654683
- doi: 10.3982/ECTA9385
- PRODINRA: 317382
- WOS: 000295046300009
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info:eu-repo/semantics/altIdentifier/doi/10.3982/ECTA9385
info:eu-repo/semantics/OpenAccess
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Amusements Standard of value Children--Recreation Games for children Pastimes Primitive games Recreations Games, Primitive Children's games Funds Funding Pattern Model Balancing (Physics) Balance (Physics) Balance Finance, commerce, confiscations, etcCiter ce document
Olivier Gossner, « Simple bounds on the value of a reputation », HAL-SHS : économie et finance, ID : 10.3982/ECTA9385
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We introduce entropy techniques to study the classical reputation model in which a long-run player faces a series of short-run players. The long-run player's actions are possibly imperfectly observed. We derive explicit lower and upper bounds on the equilibrium payoffs to the long-run player.