Showing 11,051 - 11,060 of 11,343
The art industry is a complex system in which many different actors interact in the production process in different roles and at different stages of the supply chain: artists, dealers, critics, art advisor, collecting societies and other actors who work at different levels in the process of...
Persistent link: https://www.econbiz.de/10011158033
/or the number of sites created is inefficient, due to a conflict between the search-directing and signaling roles of prices. …
Persistent link: https://www.econbiz.de/10011043038
This paper evaluates the welfare benefits of introducing environmental regulation in a market that is subject to the threat of entry. We consider complete and incomplete information settings, where potential entrants use the regulator's tax policy and the incumbent's output decisions in order to...
Persistent link: https://www.econbiz.de/10011043118
Players often engage in high-profile public communications to demonstrate their confidence in winning before they carry out actual competitive activities. We investigate players’ incentives to engage in such pre-contest communication. Our key assumption is that a player suffers a cost when he...
Persistent link: https://www.econbiz.de/10011048145
the context of a model of costly signaling with two types of agents: conditionally cooperative (“good”) and uncooperative … signaling the presence of one more good type, this may lead other good types to contribute more in future, more important … dissuade bad types from signaling. In contrast, if the institution is anonymous, so that it reveals only the total number of …
Persistent link: https://www.econbiz.de/10011048192
costly public announcements (i.e., signaling) to induce efficient investment. For this reason, an equilibrium selection issue …
Persistent link: https://www.econbiz.de/10011049751
experimentally the importance of inducing a correct common prior in a two-person signaling game. Equilibrium selection arguments …
Persistent link: https://www.econbiz.de/10011049808
Several labor markets, including the job market for new Ph.D. economists, have recently developed formal signaling … responsive to some workerʼs signal, the introduction of signaling strictly decreases the expected number of matches. …
Persistent link: https://www.econbiz.de/10011049896
signaling role that business expansion plays in conveying information to potential entrants about the state of demand. We …
Persistent link: https://www.econbiz.de/10011051636
Until 2004, the London Stock Exchange allowed firms to be traded in the specialized SEAQ-I platform without the firm's involvement. Trading only required an application by one LSE trading member firm. Such an institutional arrangement, which made cross-listings possible without a firms'...
Persistent link: https://www.econbiz.de/10011052902