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It began to develop reputation for toughness in the 1700s.
The results show that firms may overcome the imperfections in the knowledge markets by actively developing reputation.
When asked about his developing reputation as an enfant terrible in the dance music world, Martin insists he's just being honest.
"There's a culture and developing reputation at Salo as a place that puts the well-being of its employees and partners in front of just profits".
Brothels would develop reputations worth protecting.
It creates a chance for people to develop reputations.
It is therefore in the interest of these companies to develop reputations for honesty and trustworthiness.
By that time, they have developed reputations that are hard to change.
Without it investors cannot set rational prices, and the exchanges develop reputations for listing unreliable securities.
Nations, as with human beings, develop reputations, and those that break their pledges are impossible to trust.
Some, of course, have begun to develop reputations of their own, which is why I'm highlighting these two.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com