This paper investigates the determinants of underpricing at initial public offerings in theHungarian Initial Public … discount at privatization IPOs than at private issues, and a positive relation between underpricing and the proportion of … that the transition related determinants of underpricing disappear as the securities market becomes more mature. …

signalling mechanism is harmful for this environment. Though signals transmit previously unavailable information, they also … lessens the expected number of matches when signals are informative. -- Signaling ; Cheaptalk ; Matching …Some labor markets have recently developed formal signalling mechanisms, e.g. the signalling for interviews in the job …