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We analyze optimal redistribution in the presence of labor market signaling where innate productive ability is not only … unobserved by the government, but also by prospective employers. Signaling in both one and two dimensions is considered, where in …
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We study dynamic signaling when the informed party does not observe the signals generated by her actions. A forward …
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show that herding behavior plays an important signaling role in reducing opportunity costs if the auction does not receive … and highlight the controversial effects of signaling mechanisms on adverse selection in crowdfunding markets. …
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