I presented this presentation and paper to the Australian group, the Fellowship of Biblical Studies, in Melbourne, 26/09/16. It concerns both the value & risks of reception history for biblical studies and consideration of the similarity and differences in practice between reception history (Wirkungsgechichte) and history of interpretation (Auslegungsgeschichte), which are both studies of how biblical texts (and others, as easily) have been interpreted and had influence through time. The former is broader than the latter in a range of ways, and I found some tensions between the practice of the two. The following demonstrates these ideas mostly in diagrams with a little text and some explanatory notes, and see the following Word document also.
This is the Word document, merely in dot-point form, rather than a proper prose piece, but it may fill in some gaps: