{"id":"https://openalex.org/W7224107693","doi":"https://doi.org/10.1257/mic.20240297","title":"Reputation and Competitive Selection","display_name":"Reputation and Competitive Selection","publication_year":2026,"publication_date":"2026-10-28","ids":{"openalex":"https://openalex.org/W7224107693","doi":"https://doi.org/10.1257/mic.20240297"},"language":"en","primary_location":{"id":"doi:10.1257/mic.20240297","doi":"https://doi.org/10.1257/mic.20240297","is_oa":false,"landing_page_url":"https://doi.org/10.1257/mic.20240297","pdf_url":null,"source":{"id":"https://openalex.org/S96919139","display_name":"American Economic Journal Microeconomics","issn_l":"1945-7669","issn":["1945-7669","1945-7685"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","jufo-3","ki-jl-1","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310315912","host_organization_name":"American Economic Association","host_organization_lineage":["https://openalex.org/P4310315912"],"host_organization_lineage_names":["American Economic Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"American Economic Journal: Microeconomics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5031378997","display_name":"Joyee Deb","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I57206974","display_name":"New York University","ror":"https://ror.org/0190ak572","country_code":"US","type":"education","lineage":["https://openalex.org/I57206974"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Joyee Deb","raw_affiliation_strings":["Department of Economics, New York University (email: )"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, New York University (email: )","institution_ids":["https://openalex.org/I57206974"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5018312424","display_name":"Jack Fanning","orcid":"https://orcid.org/0000-0002-5778-8957","observed_orcids":["https://orcid.org/0000-0002-5778-8957"]},"institutions":[{"id":"https://openalex.org/I27804330","display_name":"Brown University","ror":"https://ror.org/05gq02987","country_code":"US","type":"education","lineage":["https://openalex.org/I27804330"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Jack Fanning","raw_affiliation_strings":["Department of Economics, Brown University (email: )"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Brown University (email: )","institution_ids":["https://openalex.org/I27804330"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.87066861,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"18","issue":"4","first_page":"335","last_page":"376"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.763700008392334,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.763700008392334,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11031","display_name":"Game Theory and Applications","score":0.15600000321865082,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.017999999225139618,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/reputation","display_name":"reputation","score":0.8450000286102295},{"id":"https://openalex.org/keywords/competitive-selection","display_name":"competitive selection","score":0.8799999952316284},{"id":"https://openalex.org/keywords/entry-barriers","display_name":"barriers to entry","score":0.597000002861023},{"id":"https://openalex.org/keywords/bounded-memory","display_name":"bounded memory","score":0.675000011920929},{"id":"https://openalex.org/keywords/effort-incentives","display_name":"effort incentives","score":0.6100000143051147},{"id":"https://openalex.org/keywords/product-quality","display_name":"product quality","score":0.7919999957084656},{"id":"https://openalex.org/keywords/firm-competences","display_name":"firm competences","score":0.5759999752044678},{"id":"https://openalex.org/keywords/monopolist","display_name":"monopolist","score":0.5759999752044678},{"id":"https://openalex.org/keywords/consumer-choice","display_name":"consumer choice","score":0.46399998664855957}],"concepts":[{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.8032000064849854},{"id":"https://openalex.org/C48798503","wikidata":"https://www.wikidata.org/wiki/Q877546","display_name":"Reputation","level":2,"score":0.784500002861023},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.6220999956130981},{"id":"https://openalex.org/C81917197","wikidata":"https://www.wikidata.org/wiki/Q628760","display_name":"Selection (genetic algorithm)","level":2,"score":0.6218000054359436},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5827000141143799},{"id":"https://openalex.org/C90673727","wikidata":"https://www.wikidata.org/wiki/Q901718","display_name":"Product (mathematics)","level":2,"score":0.5665000081062317},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.5012999773025513},{"id":"https://openalex.org/C123336316","wikidata":"https://www.wikidata.org/wiki/Q7247776","display_name":"Product market","level":3,"score":0.4828000068664551},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4251999855041504},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.3828999996185303},{"id":"https://openalex.org/C32252159","wikidata":"https://www.wikidata.org/wiki/Q380037","display_name":"Adverse selection","level":2,"score":0.35440000891685486},{"id":"https://openalex.org/C58546491","wikidata":"https://www.wikidata.org/wiki/Q1150207","display_name":"Competitive advantage","level":2,"score":0.31290000677108765},{"id":"https://openalex.org/C55004796","wikidata":"https://www.wikidata.org/wiki/Q1163938","display_name":"Barriers to entry","level":3,"score":0.29179999232292175},{"id":"https://openalex.org/C101472132","wikidata":"https://www.wikidata.org/wiki/Q835678","display_name":"Price discrimination","level":2,"score":0.28540000319480896},{"id":"https://openalex.org/C19351080","wikidata":"https://www.wikidata.org/wiki/Q1395034","display_name":"New product development","level":2,"score":0.2809999883174896},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.27810001373291016},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.2685999870300293},{"id":"https://openalex.org/C136197465","wikidata":"https://www.wikidata.org/wiki/Q1729295","display_name":"Variety (cybernetics)","level":2,"score":0.2639000117778778},{"id":"https://openalex.org/C123650614","wikidata":"https://www.wikidata.org/wiki/Q282491","display_name":"Strategic dominance","level":2,"score":0.2506999969482422}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1257/mic.20240297","doi":"https://doi.org/10.1257/mic.20240297","is_oa":false,"landing_page_url":"https://doi.org/10.1257/mic.20240297","pdf_url":null,"source":{"id":"https://openalex.org/S96919139","display_name":"American Economic Journal Microeconomics","issn_l":"1945-7669","issn":["1945-7669","1945-7685"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","jufo-3","ki-jl-1","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310315912","host_organization_name":"American Economic Association","host_organization_lineage":["https://openalex.org/P4310315912"],"host_organization_lineage_names":["American Economic Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"American Economic Journal: Microeconomics","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":35,"referenced_works":["https://openalex.org/W107885560","https://openalex.org/W1554995057","https://openalex.org/W1980136098","https://openalex.org/W1990778091","https://openalex.org/W1996801991","https://openalex.org/W2001858998","https://openalex.org/W2007076140","https://openalex.org/W2008371481","https://openalex.org/W2013915050","https://openalex.org/W2017299421","https://openalex.org/W2041254829","https://openalex.org/W2041722321","https://openalex.org/W2041743087","https://openalex.org/W2059973769","https://openalex.org/W2061337914","https://openalex.org/W2061690183","https://openalex.org/W2061984898","https://openalex.org/W2108548811","https://openalex.org/W2110941531","https://openalex.org/W2116614761","https://openalex.org/W2138174903","https://openalex.org/W2146186607","https://openalex.org/W2148998658","https://openalex.org/W2151281924","https://openalex.org/W2156595729","https://openalex.org/W2157680720","https://openalex.org/W2171257445","https://openalex.org/W2253314716","https://openalex.org/W2571772131","https://openalex.org/W3122408502","https://openalex.org/W3123307456","https://openalex.org/W3125574485","https://openalex.org/W4206335351","https://openalex.org/W4366087531","https://openalex.org/W4411946039"],"related_works":["https://openalex.org/W2157680720","https://openalex.org/W2151281924","https://openalex.org/W2060103573","https://openalex.org/W1980136098","https://openalex.org/W2359830277","https://openalex.org/W1668726337","https://openalex.org/W7095321870","https://openalex.org/W7097955551","https://openalex.org/W7046207326","https://openalex.org/W1595978657"],"abstract_inverted_index":{"We":[0],"demonstrate":[1],"how":[2],"selection":[3,76],"in":[4],"competitive":[5],"markets":[6],"can":[7,17],"impede":[8],"long-run":[9,79],"reputational":[10,93],"incentives.":[11],"In":[12],"our":[13],"model,":[14],"competent":[15,36],"firms":[16,28,37,52],"exert":[18,40],"costly":[19],"effort":[20,46],"to":[21,50],"improve":[22],"expected":[23],"product":[24],"quality,":[25],"but":[26],"inept":[27],"cannot.":[29],"With":[30],"low":[31,96],"entry":[32,89],"barriers,":[33],"we":[34],"show":[35],"cannot":[38],"persistently":[39],"effort,":[41,80],"despite":[42],"bounded":[43],"memory.":[44],"Such":[45],"would":[47],"cause":[48],"consumers":[49],"select":[51],"based":[53],"on":[54],"reputations":[55],"for":[56,71,85],"competence,":[57],"eventually":[58],"selecting":[59],"a":[60],"monopolist":[61],"with":[62],"an":[63],"arbitrarily":[64],"high":[65,98],"reputation,":[66],"which":[67,81],"has":[68],"no":[69],"incentive":[70],"effort.":[72],"More":[73],"generally,":[74],"reputation-based":[75],"rules":[77],"out":[78],"undermines":[82],"the":[83],"basis":[84],"such":[86],"selection.":[87],"Intermediate":[88],"barriers":[90],"provide":[91],"stronger":[92],"incentives":[94],"than":[95],"or":[97],"barriers.":[99],"(JEL":[100],"D21,":[101],"D40,":[102],"D82,":[103],"L15)":[104]},"counts_by_year":[],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2026-10-29T00:00:00"}