• Fees, Reputation and Information Production in the Credit Rating Industry 

      Bizzotto, Jacopo; Vigier, Adrien Henri (Journal article; Peer reviewed, 2020)
      We compare a credit rating agency's incentives to acquire costly information when it is only paid for giving favorable ratings to the corresponding incentives when the agency is paid up-front, i.e., irrespective of the ...
    • The power of outside options in the presence of obstinate types 

      Heggedal, Tom-Reiel; Helland, Leif; Knutsen, Magnus Våge (Peer reviewed; Journal article, 2022)
      We experimentally investigate the role of two-sided reputation-building in dynamic bargaining. In the absence of outside options, rational bargainers have an incentive to imitate obstinate types that are committed to an ...