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Learning is crucial to organizational decision making but often needs to be delegated. We examine a dynamic delegation … delegation as a dynamic mechanism design problem and characterize the optimal delegation scheme. We show that private learning … discuss implications on learning delegation for distinct organizations. …
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Using belief elicitation, the paper investigates the formation and the evolution of beliefs in a signalling game in …
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' later signaling their private information to rivals. Due to signaling, equilibrium prices are distorted, and so while firms …, compared with firms that do not attempt to manipulate rivals' beliefs, signaling firms acquire less precise information. An …
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This paper extends the job market signaling model of Spence (1973) by allowing firms to learn the ability of their …
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