game of incomplete information between firms and workers. Workers have almost aligned preferences over firms: each worker … signalling mechanism is harmful for this environment. Though signals transmit previously unavailable information, they also … facilitate information asymmetry that leads to coordination failures. As a result, the introduction of a signalling mechanism …

information, they also facilitate information asymmetry that leads to coordination failures. In particular, we consider a two …-sided matching game of incomplete information between firms and workers. Each worker has either the same "typical" known preferences …

This paper characterizes the equilibrium outcomes of two-stage games in which the second mover has private information …

This paper characterizes the equilibrium outcomes of two-stage games in which the second mover has private information … Delegation ; Renegotiation ; Asymmetric Information ; Renegotiation-Proofness ; Durability …