[Article] Corporate reputation and social media: a game theory approach

Research Economics

Corporate reputation and social media: a game theory approach

Thierry Warin https://www.warin.ca (HEC Montréal & CIRANO (Canada))https://www.hec.ca/en/profs/thierry.warin.html , Nathalie de Marcellis-Warin https://ivado.ca/en/person/nathalie-de-marcellis-warin/ (Polytechnique Montreal & CIRANO (Canada))https://ivado.ca/en/person/nathalie-de-marcellis-warin/ , William Sanger https://avantgarde.cirano.qc.ca/staff/william-sanger (Polytechnique Montréal & CIRANO (Canada))https://avantgarde.cirano.qc.ca/staff/william-sanger , Bertrand Nembot https://www.linkedin.com/in/bnembot/?originalSubdomain=ca (Polytechnique Montréal) , Venus Hosseinali Mirza https://www.essca.fr/en/people/hosseinali-mirza-venus-professor (Polytechnique Montréal & ESSCA)https://www.essca.fr/en/people/hosseinali-mirza-venus-professor
12-01-2014

Abstract

Corporate reputation is more and more the most valuable asset for a firm. In this day and age, corporate reputation, although an intangible asset is and will grow as the most essential asset to publicise and also protect. Social media are a formidable tool to publicise a firm’s brand and improve its reputation. However, it can also be deadly. Indeed, associated with social media comes the ‘buzz’, i.e., the means to spread at an unprecedented speed and scale any information being true or false. In this paper, our aim is to propose a game theory approach with both a finite and an infinite horizon. The model presented here helps us evaluate the impact of social media on a firm’s reputation. It also highlights the important parameters of a firm’s reputation in this new digital era.

Keywords: Social media, Social economics, Brand tribalism, Corporate reputation


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Citation

For attribution, please cite this work as

Warin, et al., "www.warin.ca: [Article] Corporate reputation and social media: a game theory approach", International Journal of Economics and Business Research, 2014

BibTeX citation

@article{warin2014[article],
  author = {Warin, Thierry and Marcellis-Warin, Nathalie de and Sanger, William and Nembot, Bertrand and Mirza, Venus Hosseinali},
  title = {www.warin.ca: [Article] Corporate reputation and social media: a game theory approach},
  journal = {International Journal of Economics and Business Research},
  year = {2014},
  note = {https://warin.ca/posts/article-corporate-reputation/},
  doi = {10.1504/IJEBR.2015.066005}
}