Reputation risk as one of the most important risks in any competitive industry and market should be considered before all the risks of the enterprise which also affects other risks. This research aims to review and manage reputation risk in the framework of enterprise risk management. Considering the importance of the subject and lack of available studies in this field, the innovation of presen...

Reputation reporting systems have emerged as an important risk management mechanism in online trading communities. However, the predictive value of these systems can be compromised in situations where conspiring buyers intentionally give unfair ratings to sellers or where sellers discriminate on the quality of service they provide to different buyers. This paper proposes a set of mechanisms tha...

We consider a duopoly market in which two retailers with different reputation compete in prices and one of the retailers is considering selling through a new channel. Consumers are reputation sensitive and averse to the new channel. In addition, the reputation sensitivity and new channel aversion are heterogeneous across consumers. In such a setting, we find that, there must be some cost reduct...

An extensive literature on reputation signaling has focused on the desire for positive reputation. In our paper we provide experimental evidence that some individuals are averse to any form of reputation; this aversion correlates with gender in a prosocial setting. We formalize our hypotheses of these “wallflower” types in a theoretical model. Our experimental results are consistent with the mo...

We believe that the problems of safety, security and resource usage combine to make it unlikely that programmable networks will ever be viable without mechanisms to transfer risk from the platform provider to the user and the programmer. However, we have well established mechanisms for managing risk markets. In this paper we argue for the establishment of markets to manage the risk in running a...

Institutional investors, primarily pension funds, drive global financial markets. The result is investors vulnerable to the risks companies face in global consumer and capital markets. Though some market risks are inevitable, others, such as reputation risk, can be mitigated through increased corporate social and environmental standards and the increased transparency that such higher standards ...