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Fraternities and labor market outcomes
Popov, Sergey V.; Bernhardt, Dan - Volkswirtschaftliche Fakultät, … - 2009
outcomes. For intermediate signaling technologies, however, three types of equilibria can exist: pessimistic beliefs by firms …
Persistent link: https://www.econbiz.de/10008533557
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Search, Bargaining, And Agency in the Market for Legal Services
Daughety, Andrew F.; Reinganum, Jennifer F. - Vanderbilt University Department of Economics - 2011
equilibrium the first lawyer visited demands a higher contingent fee for lower-valued cases, signaling the case�s value to the …
Persistent link: https://www.econbiz.de/10009320347
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Clients, Lawyers, Second Opinions, and Agency
Daughtey, Andrew F.; Reinganum, Jennifer F. - Vanderbilt University Department of Economics - 2010
equilibrium the first lawyer visited demands a higher contingent fee for lower-valued cases, signaling the case�s value to the …
Persistent link: https://www.econbiz.de/10008692911
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The banking firm: the role of signaling with collaterals
Bieta, Volker; Broll, Udo; Siebe, Wilfried - Fakultät Wirtschaftswissenschaften, Technische … - 2008
In this paper we challenge basic results of signaling models. In our banking model each project of a borrower is …
Persistent link: https://www.econbiz.de/10009226257
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The Economics of Eco-Labeling: Theory and Empirical Implications
Mason, Charles F. - In: International Review of Environmental and Resource Economics 6 (2013) 4, pp. 341-372
Over the past several years, environmental economists have been increasingly attracted to the use of information as an alternative to traditional methods for regulating externalities. An example of this approach is "eco-labeling," where a third party certifies firms' products; this approach is...
Persistent link: https://www.econbiz.de/10010696405
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Pricing and signaling with frictions
Delacroix, Alain; Shi, Shouyong - In: Journal of Economic Theory 148 (2013) 4, pp. 1301-1332
/or the number of sites created is inefficient, due to a conflict between the search-directing and signaling roles of prices. …
Persistent link: https://www.econbiz.de/10011043038
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Signaling in deterministic and stochastic settings
Jeitschko, Thomas D.; Normann, Hans-Theo - In: Journal of Economic Behavior & Organization 82 (2012) 1, pp. 39-55
We contrast a standard deterministic signaling game with one where the signal-generating mechanism is stochastic. With … degree of signaling depends on the prior type distribution. With deterministic signals both pooling and separating … configurations occur. Laboratory data support the theory: in the stochastic variant, there is more signaling behavior than with …
Persistent link: https://www.econbiz.de/10010573055
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Pricing and Signaling with Frictions
Delacroix, Alain; Shi, Shouyong - University of Toronto, Department of Economics - 2012
We study a large market with directed search and signaling. Each seller chooses an investment that determines the …-directing role and the signaling role of a posted price. We also compare the price-posting equilibrium with the equilibrium under …
Persistent link: https://www.econbiz.de/10010897043
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The banking firm: the role of signaling with collaterals
Bieta, Volker; Broll, Udo; Siebe, Wilfried - 2008
In this paper we challenge basic results of signaling models. In our banking model each project of a borrower is …
Persistent link: https://www.econbiz.de/10010300605
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Location as a Signal of Quality
Vettas, Nikolaos - C.E.P.R. Discussion Papers - 1999
We examine a horizontal product differentiation duopoly model where firms are also differentiated with respect to the quality of their products. Firms first choose their locations (or product characteristics) and then compete in prices. Under full information, it is shown that, whereas the...
Persistent link: https://www.econbiz.de/10005114216