The Top 10 Reputation Crises of 2013

By Suzanne Woolley and Ben Steverman - 2013-11-15T18:07:38Z

Photograph by Andrew Harrer/Bloomberg

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No. 1: The U.S. Government 

The partial government shutdown this year, the debt limit debate, and the rabid partisanship driving both standoffs in Washington, D.C., has tested the patience of a weary U.S. public. The overall economic and social impact of the political struggle moves this issue to the top of this year’s list, says Diermeier. To understand how our government reached a crisis point, he turns to game theory. "With the debt ceiling and the government shutdown you had a complex game of bargaining and brinksmanship that was shaped and influenced by public opinion," says Diermeier. "At the end what mattered was who would be blamed more by the public. A war of attrition was decided by a battle over public opinion." 

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