Showing 1 - 10 of 60
Persistent link: https://www.econbiz.de/10005685367
Persistent link: https://www.econbiz.de/10005685378
Persistent link: https://www.econbiz.de/10011504879
Persistent link: https://www.econbiz.de/10001887666
Persistent link: https://www.econbiz.de/10001390243
Persistent link: https://www.econbiz.de/10013279546
The class of double-crossing preferences, where signaling is cheaper for higher types than for lower types at low signaling levels and the opposite is true at high signaling levels, underlines the phenomenon of countersignaling. We show that under the D1 refinement, the equilibrium signaling...
Persistent link: https://www.econbiz.de/10012880422
Many committees - juries, political task forces, etc. - spend time gathering costly information before reaching a decision. We report results from lab experiments focused on such information-collection processes. We consider decisions governed by individuals and groups and compare how voting...
Persistent link: https://www.econbiz.de/10012697146
Many committees--juries, political task forces, etc.--spend time gathering costly information before reaching a decision. We report results from lab experiments focused on such information-collection processes. We consider decisions governed by individuals and groups and compare how voting rules...
Persistent link: https://www.econbiz.de/10012794585
This paper provides a general analysis of signaling under doublecrossing preferences with a continuum of types. There are natural economic environments where indifference curves of two types cross twice, so that the celebrated single-crossing property fails to hold. Equilibrium exhibits a...
Persistent link: https://www.econbiz.de/10012291224