Reputation is the mafia firm’s core but fragile asset

Evidence

It should also be interesting to see whether each player can really discern when the other is “testing” his determination, “daring” him, and so forth; and it might be possible to study the process by which particular encounters become invested with symbolic importance, such that each player recognizes that he is establishing a role and reputation in the way he conducts himself at a particular point in the game. — Thomas C. Schelling, The Strategy of Conflict, 381 (#expands, via linked claim)

Categorization

  • XREF: connects to: Mafia reputation functions as a shared trademark yielding collective benefits; A protection firm’s reputation substitutes for and economizes on violence; Illegality prevents mafia reputation from detaching from particular owners, blocking firm expansion (+3 more)

Broader Connections