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Auctions with Signaling Concerns
Bos, Olivier; Truyts, Tom - 2021
We study a symmetric private value auction with signaling, in which the auction outcome is used by an outside observer … clock, affects signaling incentives differently in both auction formats, and thereby also the bidders’ incentives to overbid …
Persistent link: https://www.econbiz.de/10013315051
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Entry in First-Price Auctions with Signaling
Bos, Olivier; Truyts, Tom - 2022
We study the optimal entry fee in a symmetric private value first-price auction with signaling, in which the … auction has a unique fully separating equilibrium bidding function. When the bidders’ sensibility for the signaling concern is …
Persistent link: https://www.econbiz.de/10014077334
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Signaling and Employer Learning with Instruments
Aryal, Gaurab - 2020
and 30% to education signaling workers' ability …
Persistent link: https://www.econbiz.de/10012841583
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Screening with Multitasking
Dinerstein, Michael; Opper, Isaac - 2022
What happens when employers would like to screen their employees but only observe a subset of output? We specify a model in which heterogeneous employees respond by producing more of the observed output at the expense of the unobserved output. Though this substitution distorts output in the...
Persistent link: https://www.econbiz.de/10014079145
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Optimal Redistribution in the Presence of Signaling
Bastani, Spencer; Blumḳin, Tomer; Micheletto, Luca - 2021
We analyze optimal redistribution in the presence of labor market signaling where innate productive ability is not only … unobserved by the government, but also by prospective employers. Signaling in both one and two dimensions is considered, where in … redistributing income and affecting signalling incentives is analyzed, as well as extended tax systems that combine income taxation …
Persistent link: https://www.econbiz.de/10013217555
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Who should pay for certification?
Stahl, Konrad O.; Strausz, Roland - 2011
-induced certification acts as an inspection device, seller-induced certification as a signalling device. Seller-induced certification …
Persistent link: https://www.econbiz.de/10010274805
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Umbrella branding and the provision of quality
Hakenes, Hendrik; Peitz, Martin - 2004
Consider a two-product firm that decides on the quality of each product. Product quality is unknown to consumers. If the firm sells both products under the same brand name, consumers adjust their beliefs about quality subject to the performance of both products. We show that if the probability...
Persistent link: https://www.econbiz.de/10010261118
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Donating time or money: Are they substitutes or complements?
Hartmann, Bastian; Werding, Martin - 2012
Decisions to donate time or money for charitable purposes are typically seen as make-or-buy decisions, implying that there should be a clear distinction between individuals engaging in one of these two forms of giving and that this distinction should be somehow linked to opportunity costs. But...
Persistent link: https://www.econbiz.de/10010283578
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Belief Elicitation : Limiting Truth Telling with Information or Incentives
Danz, David - 2020
Belief elicitation is central to inference on economic decision making. The recently introduced Binarized Scoring Rule (BSR) is heralded for its robustness to individuals holding risk averse preferences and for its superior performance when eliciting beliefs. Consequently, the BSR has become the...
Persistent link: https://www.econbiz.de/10012842970
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Information, Asymmetric Incentives, or Withholding? Understanding the Self-Enforcement of Value-Added Tax
Waseem, Mazhar - 2019
During the period 1996-2000, the coverage of VAT in Pakistan rose by twenty times in terms of the number of firms in the tax net and by ten times in terms of the volume of transactions subject to it. This paper leverages this staggered introduction of VAT in the country to estimate its...
Persistent link: https://www.econbiz.de/10012866312