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presence of incomplete information, the signaling incentive drives the optimal selection of leaders and can lead to a first … group identified in Zhou and Chen (2013) is exactly the optimal follower group when signaling is present. The pecking order …
Persistent link: https://www.econbiz.de/10010905468
' intrinsic signaling incentives and positive feedback effects. Anticipating this, the seller commits to provide price discounts …
Persistent link: https://www.econbiz.de/10010930535
Despite the abundance of studies on consequences of certification, there is little empirical research on what motivates sellers to attempt certifications in the first place. One of the most intriguing theoretical predictions is the “information unraveling” proposition, which predicts a...
Persistent link: https://www.econbiz.de/10010615273
effect is because a higher productivity of talented workers raises not only the value but also the cost of signaling; the … latter stems from more effort and the choice of a high visibility job being substitutes for the purpose of signaling. Results …
Persistent link: https://www.econbiz.de/10005622716