Essays on the economics of reputation
This thesis is comprised of three essays. These essays model facets of illicit markets using economic theories of reputation and go on to develop new theories of reputation.
In chapter 1, we start by defining illicit markets. We build a model of trade in an illicit market where honesty is enforced through reputation. We then show how criminals' heterogeneity in their ability to avoid detection can have interesting consequences. In particular, such heterogeneity can explain why i...Expand abstract
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- Oxford University, UK
- Copyright holder:
- Mell, A
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