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' later signaling their private information to rivals. Due to signaling, equilibrium prices are distorted, and so while firms …, compared with firms that do not attempt to manipulate rivals' beliefs, signaling firms acquire less precise information. An …
Persistent link: https://www.econbiz.de/10011548620
studying (the pure human capital model) or whether studying has no effect on productivity (the pure signaling model). Thus … help to distinguish between human capital and signaling. However, with longitudinal data, RDD can be used to estimate the …
Persistent link: https://www.econbiz.de/10011758735
signaling motives. Our findings point to new institutions that rely on reward, rather than punishment, to efficiently promote …
Persistent link: https://www.econbiz.de/10009320755
able to use prices as a signaling device and this enables them to trade. By contrast, strong competi- tion among sellers …
Persistent link: https://www.econbiz.de/10008611073
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/10009368116
In this paper we use a signaling model to analyze the effect of (endogenously-determined) third-party non …
Persistent link: https://www.econbiz.de/10010693397
plays a signaling role. We show that whenever the accumulation of factors of production such has technology results in a …
Persistent link: https://www.econbiz.de/10010860655
This paper studies the interaction between monetary and fiscal authorities while investors are coordinating on a speculative attack. The authorities want to achieve specific targets for output and inflation but also to avoid a regime change (i.e. sovereign default). They use the traditional...
Persistent link: https://www.econbiz.de/10011099682
In this paper we use a signaling model to analyze the effect of (endogenously-determined) third-party non …
Persistent link: https://www.econbiz.de/10010610155
The decision to request a preliminary injunction—a court order that bans a party from certain actions until their lawfulness are ascertained in a final court ruling at trial—is an important litigation instrument in many areas of the law including antitrust, copyright, patents, trademarks,...
Persistent link: https://www.econbiz.de/10008852775