PDF-JOURNAL OF ECONOMIC THEORY 27, 253-279 (1982)

Reputation and Imperfect Information DAVID M KREPS AND ROBERT WILSON Graduate School of Business Stanford University Stanford California 94305 Received June 18 1980 revised June 22 1981 A. elseviercomlocatejet Credulity lies and costly talk Navin Kartik Marco Ottaviani Francesco Squintani Department of Economics University of California San Diego 9500 Gilman Drive La Jolla CA 920930508 USA Economics Subject Area London Business Sch KREPS Graduate School of Business Stanford University Stanford California 94305 PAUL MILGROM Graduate School of Management Northwestern University Evanston Illinois 60201 JOHN ROBERTS AND ROBERT WILSON Graduate School of Business Stanford University Journal, G.R.,L.J.,J.M.,J.1995.G.R.,C.T.,L.P.1991.L.A.1998.L.A.1999.C.1984.Roy,D.F.1960.18:156-168.D.E.,A.1977.InR.C.R.J.W.E.D.A.1982.S.1992.P.M.1990.H.A.1982.InM.S.S.T.E.R.,J.2000.S.M.1995.InR.J.J.E. 200-209 (1978) Barriers to Trade and Disadvantageous Middlemen : Nonmonotonicity of the Core* EHUD KALAI Department of Managerial Economics and Decision Sciences, Northwestern University, Evanston 39, 273-289 (1986) Segmenting the Market: The Monopolist’s Optimal Product Mix* JEAN JASKOLD GABSZEWICZ CORE, 34 Voie du Roman Pays, Louvain-la-Neuve, 0 Academic Press, Inc. Consider a group THE ECONOMIC JOURNAL straightforwardly presume that economists are, on average, correct and begin to analyse the sources of economic misconceptions. As Kahneman and Tversky (1982) put it, 'The presenc Series A 32, 321-335 (1982) Extremal Uncrowded Hypergraphs M. AJTAI,* J. KOML~S,* J. PINT&* J. SPENCER,~AND E. SZEMERBDI* *Math. Institute of the Hungarian Academy of Science, Received April 10, 1 “After” the . Crisis. Steve Keen. University of Western Sydney. Debunking Economics. www.debtdeflation.com/blogs. www.debunkingeconomics.com. Finance: the Humpty Dumpty of Academia. “I don’t know what you mean by ‘glory,’ ” Alice said. 21, 265-293 (1979) Optimal Contracts and Competitive Markets with Costly State Verification ROBERT M. TOWNSEND* Graduate School of Industrial Administration, Carnegie-Mellon University, Pittsbur “After” the . Crisis. Steve Keen. University of Western Sydney. Debunking Economics. www.debtdeflation.com/blogs. www.debunkingeconomics.com. Finance: the Humpty Dumpty of Academia. “I don’t know what you mean by ‘glory,’ ” Alice said. Radmilo V. Pešić. University of Belgrade. Serbia. Do we need Economics at all?. To make students` life harder, to make economists more esoteric, to make economic profession more exclusive and better paid, to make politicians more addicted to economists, and to make journalists more ignorant…….???. Journal of Economic Behavior and Organization. (1982) pg. 39-63.. Cited 1585. Education. BA, MComm, University of . Canterbury. MA. , University of . Pennsylvania. PhD. , Economics, University of . Pennsylvania. Alan Dennis. ardennis@indiana.edu. November, 2011. Agenda. What is Theory. What is . Interesting. Theory. Variance Theory versus Process Theory. A Process for Theory Construction. Testing and Generalizing Theory. Or at least Keynes reinvented and brought up to date . in the 21. st. Century. Lecture in memory of the late Sir Donald MacDougall. Third Gresham Lecture. Douglas McWilliams. Mercers School Memorial Professor of Commerce at Gresham College.