information can be better than that under complete information, if the government uses signaling mechanism rather than incentive … mechanism. The main difference between screening and signaling is who initiates information transmission process. Contrary to … the incentive mechanism for the optimal price regulation, the signaling mechanism induces the regulated firm to deviate …

This paper analyzes the signaling nature of litigation selection under asymmetric information. For the robustness of … the analysis, we separate the litigation selection process, where the signaling from the informed party plays the key role …

This paper studies the signaling role of the litigation/settlement selection under asymmetric information. As an …

whether it is because of poor or smart operations. We hypothesize that inventory has a signaling role. In our model, publicly … the assumptions behind this inventory signaling hypothesis: (1) the market cannot tell the difference between “good” and …