Notable Point · 6:31:06-6:32:10

Why an organization's public reputation can conceal capability

Institutional incentives shape whether success is advertised or concealed, making public reputation an uncertain measure of capability.

Notes

Some organizations depend on public accounts of success to justify their continued existence. Others can survive a poor reputation and may benefit when outsiders underestimate them. Those differing incentives affect how much capability an institution chooses to advertise. A lack of publicity therefore needs to be distinguished from evidence of inability, especially when attracting little attention is useful.