de Haan, Thomas; Offerman, Theo; Sloof, Randolph - In: Games and Economic Behavior 73 (2011) 2, pp. 402-428
We introduce noise in the signaling technology of an otherwise standard wasteful signaling model (Spence, 1973). We … theoretically derive the properties of the equilibria under different levels of noise and we experimentally test how behavior … changes with noise. We obtain three main insights. First, if the amount of noise increases, high types aiming for separation …