The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
A Theory of Credibility
Abstract
This paper presents models in which one agent must decide whether to trust another, whose motives are uncertain. Reliability can only be communicated through actions. In this context, it pays for people to build a reputation based on reliable behaviour; someone becomes credible by consistently providing accurate and valuable information or by performing useful services. The theory provides a justification for long-term arrangements without binding contracts. It also describes those situations where it pays an agent to cash in on his reputation.
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Citations
Cites
Strategic information transmission
Crawford, V. P., & Sobel, J. (1982) · Econometrica · doi:10.2307/1913390 · Cited by 4,293
Self-citationRational cooperation in the finitely repeated prisoners' dilemma
Kreps, D. M., Milgrom, P., Roberts, J., & Wilson, R. (1982) · Journal of Economic Theory · doi:10.1016/0022-0531(82)90029-1 · Cited by 2,494
Cited by
Lupia, A. (1994) · American Political Science Review · doi:10.2307/2944882 · Cited by 1,850
Experimental Tests of a Sequential Equilibrium Reputation Model
Camerer, C., & Weigelt, K. (1988) · Econometrica · doi:10.2307/1911840 · Cited by 572
Courts and Relational Contracts
Johnson, S. (2002) · Journal of Law, Economics, and Organization · doi:10.1093/jleo/18.1.221 · Cited by 533
Lying for Strategic Advantage: Rational and Boundedly Rational Misrepresentation of Intentions
Crawford, V. P. (2003) · American Economic Review · doi:10.1257/000282803321455197 · Cited by 391
Competition and Truth in the Market for News
Gentzkow, M., & Shapiro, J. M. (2008) · Journal of Economic Perspectives · doi:10.1257/jep.22.2.133 · Cited by 325
Metadata
- Authors
- Sobel, J.
- Venue
- The Review of Economic Studies
- Publisher
- Oxford University Press (OUP)
- Published
- 1985-10
- Volume
- 52
- Issue
- 4
- Pages
- 557
- ISSN
- 0034-6527 (ISSN-L)
- OpenAlex
- W1980165907
- Cited by
- 543
- References
- 2
- FWCI
- 4.50
- Type
- journal article
- Language
- en
- Open access
- closed
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- Sobel, J. (1985). A Theory of Credibility. The Review of Economic Studies. https://doi.org/10.2307/2297732
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.