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Non-comparative versus comparative advertising as a quality signal
Emons, Winand; Fluet, Claude - 2008
-comparative advertising. -- advertising ; costly state falsification ; signalling …, consumers do not. Under non-comparative advertising a firm may signal its own quality. Under comparative advertising firms may … scenarios equilibria are revealing. Under comparative advertising the firms never advertise together which they may do under non …
Persistent link: https://www.econbiz.de/10003923372
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Injunctions against false advertising
Baumann, Florian; Rasch, Alexander - 2019
false advertising by a firm in duopolistic competition where consumers can be distinguished according to whether or not they … form rational beliefs about the trustworthiness of advertising claims. We compare private and public law enforcement in the … form of the demand for injunctions against false advertising. From a welfare perspective, we show that it can be optimal …
Persistent link: https://www.econbiz.de/10012012317
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Injunctions against false advertising
Baumann, Florian; Rasch, Alexander - 2019
false advertising by a firm in duopolistic competition where consumers can be distinguished according to whether or not they … form rational beliefs about the trustworthiness of advertising claims. We compare private and public law enforcement in the … form of the demand for injunctions against false advertising. From a welfare perspective, we show that it can be optimal …
Persistent link: https://www.econbiz.de/10012197740
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Persuasive silence
Suzuki, Toru - 2012
. -- Signaling game ; Consideration set ; Counter signaling ; Limited attention ; Marketing ; Advertising …
Persistent link: https://www.econbiz.de/10009516790
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Advertising in online labor markets : a signal of freelancer quality?
Hannane, Jonas - 2024
, advertising can serve as a signal of product quality for experience goods. As such, advertising might help skilled new freelancers … explores the role of advertising in online labor markets using transactional data from a major platform. While indeed newer …. Taken together, my results contrast the hypotheses derived from signaling models of advertising. …
Persistent link: https://www.econbiz.de/10014561411
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Adversarial versus inquisitorial testimony
Emons, Winand; Fluet, Claude - 2009
An arbiter can decide a case on the basis of his priors, or the two parties to the conflict may present further evidence. The parties may misrepresent evidence in their favor at a cost. At equilibrium the two parties never testify together. When the evidence is much in favor of one party, this...
Persistent link: https://www.econbiz.de/10003923374
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Optimal multistage adjudication
Kaplow, Louis - 2017
In many settings, there are preliminary or interim decision points at which legal cases may be terminated: e.g., motions to dismiss and for summary judgment in U.S. civil litigation, grand jury decisions in criminal cases, and agencies' screening and other exercises of discretion in pursuing...
Persistent link: https://www.econbiz.de/10011674088
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Optimal design of private litigation
Kaplow, Louis - 2017
This article translates and extends Becker (1968) from public law enforcement to private litigation by examining optimal legal system design in a model with private suits, signals of case strength, court error, and two types of primary behavior: harmful acts that may be deterred and benign acts...
Persistent link: https://www.econbiz.de/10011772058
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Alliance formation in contests with incomplete information
Metzger, Lars P. - 2015
This paper studies a contest in which players with unobservable types may form an alliance in a pre-stage of the game to join their forces and compete for a prize. We characterize the pure strategy equilibria of this game of incomplete information. We show that if the formation of an alliance is...
Persistent link: https://www.econbiz.de/10010487967
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International pecking order
Eren, Egemen; Malamud, Semyon; Zhou, Haonan - 2022
the exchange rate. We provide extensive empirical evidence for this signalling channel using micro data for firms in …
Persistent link: https://www.econbiz.de/10013168799