kaal:claim:3782210-038

Reputation has lost much of its meaning during the current institutional disruption: people in dying fields cash in on reputations built over previous generations in a fire sale mentality, and reputation itself is becoming a suspect concept.

Reputation has lost much of its meaning during the disruption that we are expe- riencing as the global society is emerging. As old institutions fall, there is a fire sale mentality amongst people in dying fields where they cash in on the reputations that were built over previous generations.

Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021), Summary, p. 14
https://ssrn.com/abstract=3782210 · source PDF

Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782210

• the current period of institutional decline and global society emergence

empiricalsupport: assertedreputationinstitutional-designrisk-and-incentives

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