on existing theories of competition in markets with adverse selection. …

This paper extends the job market signaling model of Spence (1973) by allowing firms to learn the ability of their …

determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …

not have a positive signaling benefit. Analysis of the data from the January 1988-2000 Displaced Workers Supplements to …

signals that is concave, a feature that earlier studies used to dismiss educational signaling. Using a synthetic panel data … signaling framework theoretically and empirically. …

opportunity costs as the basis for the inverse trade-conflict relationship, thus implying that one need not rely on signaling. …

The costs of vertical integration are analyzed within a game-theoretic signaling model. It is shown that a company when …

This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … failure, where competition failure occurs when a subject loses the competition because the opponent holds a higher …