Luca, Michael; Smith, Jonathan - In: Journal of Economic Behavior & Organization 112 (2015) C, pp. 17-25
We empirically analyze disclosure decisions made by 240 MBA programs about which rankings to display on their websites …. We present three main findings. First, consistent with theories of countersignaling, top schools are least likely to … disclose their rankings, whereas mid-ranked schools are most likely to disclose. Second, schools that do poorly in the U …