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seller. In this setting, the reputation of the seller, together with any other information signals on the quality of the …. This paper examines the effects of the seller's reputation and information signals in online auctions, using U.S. silver …
Persistent link: https://www.econbiz.de/10014029771
Firms invest significantly in advertising with the intent of influencing consumers favorably towards their goods. Along with advertising, word of mouth also plays an important role in shaping consumer opinion about a firm's goods. In many contexts, word of mouth is affected by behaviors such as...
Persistent link: https://www.econbiz.de/10014039391
We extend the signaling model of Reinganum and Wilde (1986) by allowing for the possibility of negative expected value … shifting and contingency fees in the signaling model …
Persistent link: https://www.econbiz.de/10014113668
asymmetry. In this paper I show that if there is a signaling technology which is sufficiently strong (i.e., the marginal cost of … signaling declines sufficiently rapidly with quality) the cost of sorting is low and a Nash equilibrium exists. Empirically … constraints are added to a signaling model there is a minimum signaling threshold. Finally I argue that these conclusions hold …
Persistent link: https://www.econbiz.de/10014114161
, potential bias from unobserved heterogeneity and selectivity and consider the core issue of studentsメ information on benefits …
Persistent link: https://www.econbiz.de/10013155555
. We also study the informative role played by producers (lobbies) in revealing valuable information. We find that … producers reveal more information when the effects of harmful consumption on health are long lasting. Our results are robust to …
Persistent link: https://www.econbiz.de/10011608574
A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates' productivity. I model various distinct sources of signal imperfection-such as noise and multi-dimensional types-and characterize their implications for the private return to skill...
Persistent link: https://www.econbiz.de/10014265586
broadly. I argue that PIAAC can be used to construct direct, country-level measures of the "skill transparency" or "signaling … the internal skills homogeneity of educational groups as a second dimension shaping the signaling value of educational … negatively associated with standardization of input (e.g., curricula, textbooks). [CONCLUSIONS:] The signaling value of …
Persistent link: https://www.econbiz.de/10011899544
A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates' productivity. I model various distinct sources of signal imperfection - such as noise and multi-dimensional types - and characterize their implications for the private return to skill...
Persistent link: https://www.econbiz.de/10014250664
A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates' productivity. I model various distinct sources of signal imperfection - such as noise and multi-dimensional types - and characterize their implications for the private return to skill...
Persistent link: https://www.econbiz.de/10014250931