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Mean-preserving contractions are critical for studying Bayesian models of information design. We introduce the class of bi-pooling policies, and the class of bi-pooling distributions as their induced distributions over posteriors. We show that every extreme point in the set of all...
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norms on cooperation. We find that under the signaling mechanism, less cooperative players disguise themselves in the rule …-following game, but this does not decrease cooperation overall. More importantly, the signaling mechanism has a heterogeneous effect … decreases cooperation in rule-breaking groups. Finally, the signaling mechanism tends to offset the decline of contributions …
Persistent link: https://www.econbiz.de/10014519368
The paper enriches a standard signaling model of education with issues of social distance defined over educational …
Persistent link: https://www.econbiz.de/10010439355
In signaling environments ranging from consumption to education, high quality senders often shun the standard signals …
Persistent link: https://www.econbiz.de/10011566317
up. In this signaling game, proposing (or getting married) is costly but can indicate strong love. The striking property … sufficiently large, the signaling mechanism breaks down, and only a pooling equilibrium in which fewer couples get married remains …
Persistent link: https://www.econbiz.de/10011752304
up. In this signaling game, proposing (or getting married) is costly but can indicate strong love. The striking property … sufficiently large, the signaling mechanism breaks down, and only a pooling equilibrium in which fewer couples get married remains …
Persistent link: https://www.econbiz.de/10011758225
up. In this signaling game, proposing (or getting married) is costly but can indicate strong love. The striking property … sufficiently large, the signaling mechanism breaks down, and only a pooling equilibrium in which fewer couples get married remains …
Persistent link: https://www.econbiz.de/10011819323
This paper extends the job market signaling model of Spence (1973) by allowing firms to learn the ability of their …
Persistent link: https://www.econbiz.de/10010268897
Persistent link: https://www.econbiz.de/10000822496