Antelo, Manel - Centro de Estudios Andaluces, Government of Andalusia - 2011
analyzed along a two-period signaling model. Each taxpayer privately knows its technological attributes, while third parties … monopoly, signaling is always costly in terms of output deviation and the tax office reacts by setting, a smaller tax in … (asymmetric information) period 1 than it would under symmetric information. In oligopoly, signaling can be either costly or …
