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Signaling moral values through consumption

Schneider, Florian - 2020

Firms often discourage certain categories of individuals from buying their products, in contrast with typical assumptions about profit maximization. This paper provides a potential rationale for such firm behavior: consumers seek to signal that they have "good" moral values to themselves and...

Persistent link: https://www.econbiz.de/10012308496

The causal effect of trust

Bartling, Björn; Fehr, Ernst; Huffman, David; Netzer, Nick - 2018

Trust affects almost all human relationships - in families, organizations, markets and politics. However, identifying the conditions under which trust, defined as people's beliefs in the trustworthiness of others, has a causal effect on the efficiency of human interactions has proven to be...

Persistent link: https://www.econbiz.de/10011926027

Signaling ideology through consumption

Schneider, Florian - 2022 - Revised version, July 2022

Firms often discourage certain categories of individuals from buying their products, seemingly at odds with typical assumptions about profit maximization. This paper provides a potential rationale for such firm behavior: Consumers seek to signal that they have "desirable" ideological values to...

Persistent link: https://www.econbiz.de/10013277047

Monotone equilibria in signalling games

Liu, Shuo; Pei, Harry - 2017

We study the monotonicity of sender's equilibrium strategy with respect to her type in signalling games. We use counterexamples to show that when the sender's payoff is non-separable, the Spence-Mirrlees condition cannot rule out equilibria in which the sender uses non-monotone strategies. These...

Persistent link: https://www.econbiz.de/10011657325

Optimal short-time work : screening for jobs at risk

Teichgräber, Julian; Žužek, Simon; Hensel, Jannik - 2022

increased. We develop a model of job retention policies in the presence of asymmetric information to study selection into these … participated in short-time work programs at large costs to the public. In our model, these costs are information rents which are …

Persistent link: https://www.econbiz.de/10012815443

Frictional asset reallocation under adverse selection

Madison, Florian - 2018 - Revised version

The aim of this paper is to study asset reallocation in financial markets subject to search, bargaining, and … information frictions, and to analyze the impact of monetary policy on equilibrium outcomes. The main results show that private … information regarding the quality of an asset impairs its liquidity and reduces both trading volume and consumption. As a …

Persistent link: https://www.econbiz.de/10011790391

Predictable and predictive emotions : explaining cheap signals and trust re-extension

Schniter, Eric; Sheremeta, Roman M. - 2014

Persistent link: https://www.econbiz.de/10010381499

Status and the demand for visible goods : experimental evidence on conspicuous consumption

Clingingsmith, David; Sheremeta, Roman M. - 2015

Persistent link: https://www.econbiz.de/10011406857

Information (non)aggregation in markets with costly signal acquisition

Corgnet, Brice; Deck, Cary A.; DeSantis, Mark; Porter, … - 2017

Persistent link: https://www.econbiz.de/10011881578