3 papers
econ.TH2026
Reputation in the Shadow of Exit
Daniel Luo
I study reputation formation when player actions endogenously determine the probability the game permanently ends. Exit can render reputation useless even to a patient player whose…
econ.TH2026
Fair Commodity Taxation
Eric Gao, Daniel Luo
We study economies where consumers interact independently with many monopolists. When consumer valuations over goods are correlated, correlation can distort the induced distributio…
econ.TH2025
Marginal Reputation
Daniel Luo, Alexander Wolitzky
We study reputation formation where a long-run player repeatedly observes private signals and takes actions. Short-run players observe the long-run player's past actions but not he…