How will they fare on Judgement Day? - Oprea, Alexandra
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This paper presents a theoretical model of decision-making by professionals within the same field. The decision-makers consider reputation effects that result both from their relative actions and from the absolute outcomes. By combining the idea of relative actions from the managerial reputation herding models and that of outcomes from the information cascades models, one can make comparisons across a wide range of professions. The importance of outcomes, as a proxy for the relative importance of the two considerations, is a function of time.

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Produktbeschreibung
This paper presents a theoretical model of decision-making by professionals within the same field. The decision-makers consider reputation effects that result both from their relative actions and from the absolute outcomes. By combining the idea of relative actions from the managerial reputation herding models and that of outcomes from the information cascades models, one can make comparisons across a wide range of professions. The importance of outcomes, as a proxy for the relative importance of the two considerations, is a function of time.
Autorenporträt
Alexandra is born in Ploiesti, Romania. She has completed an undergraduate degree in Economics and Political Science at Duke University. Her research has been focused on understanding when and why individuals, institutions and states imitate each other. She currently resides in North Carolina, USA, and is looking to political philosophy for answers