Search Results - subject:"Signaling theory."

Signaling under Double-Crossing Preferences : The Case of Discrete Types

Chen, Chia‐Hui; Ishida, Junichiro; Suen, Wing-chuen - 2022

The class of double-crossing preferences, where signaling is cheaper for higher types than for lower types at low signaling levels and the opposite is true at high signaling levels, underlines the phenomenon of countersignaling. We show that under the D1 refinement, the equilibrium signaling...

Persistent link: https://www.econbiz.de/10013295217

Herd to Repurchase

Bao, Zhengyang; Huang, Difang; Li, Dongxu - 2022

Why do listed firms herd to repurchase shares? Analyzing complete repurchase records from the Chinese stock market from 2005 to 2021, we discover that firms aiming to boost stock prices through repurchasing shares drive the tendency for peers to also make repurchasing announcements. The positive...

Persistent link: https://www.econbiz.de/10013295379

Signaling Before the Deadline : Management Earnings Forecasts before the Performance Shares Award Evaluation Date

Xie, Jing; Cheng, Agnes; Zheng, Lingyi - 2022

We find that CEOs issue significantly more favorable management earnings forecasts (MEFs), relative to the prevailing analyst consensus, to boost stock prices when approaching performance evaluation end dates. The effect is more pronounced for firms with lower past stock returns and when award...

Persistent link: https://www.econbiz.de/10013295484

Optimal (P)Redistribution in the Presence of Signaling : A First Pass

Bastani, Spencer; Blumkin, Tomer; Micheletto, Luca - 2022

We analyze optimal redistribution in the presence of labor market signaling where workers' innate productive abilities are neither observed by the government nor by prospective employers. The dual role of income taxation in redistributing income and affecting signaling incentives is analyzed, as...

Persistent link: https://www.econbiz.de/10013296249

Signal Prediction in Cryptocurrency Tradeoperations : A Machine Learning-Based Approach

Toledo, Jefferson de Morais; Souza, Damires Yluska - 2022

Deciding the right time to purchase a cryptocurrency is a crucial factor in enhancing a return on a given investment. In this work, we propose the use of gradient boosting algorithms (XGBoost and LightGBM) to perform the prediction of a binary market entry signal. For that, we use as features,...

Persistent link: https://www.econbiz.de/10013296429

The Signaling Effects of Sovereign Borrowing

Lu, Yang K.; Qu, Bowen - 2022

We provide empirical evidence for the signaling effects of sovereign borrowing on a country’s default risk. Using the S&P sovereign rating as a proxy for default risk, we find significant state-contingent effects of sovereign debt growth on the country’s rating, with the state being the...

Persistent link: https://www.econbiz.de/10013296556

Signaling Quality with Live Streamers : The Role of Platform Regulation

Liu, Yuan; Chen, Hongmin; Yang, Yunpeng - 2022

streamers attractive, the separating equilibrium requires strict regulation. Our paper contributes to LSC and signaling theory … firms on the platform signal product quality through live streamers? We construct an analytical model based on signaling … theory to answer the above questions. Unlike traditional signaling games, our model incorporates the interaction between …

Persistent link: https://www.econbiz.de/10013297017

Dispute Resolution in the Signaling Model : A Comparison of Arbitration Mechanisms

Pecorino, Paul; Solomon, Michael; van Boening, Mark - 2022

We conduct an experimental analysis of signaling games using three models of arbitration. In the signaling model, the informed party in the dispute makes a settlement demand to the uninformed party. In conventional arbitration (CA), the arbitrator is free to impose her preferred settlement. In...

Persistent link: https://www.econbiz.de/10013297505

Skeletal Muscle Fatty Acid Metabolism is Diverted Towards the Synthesis of Signaling Intermediates Without Fatty Acid Uptake Contribution in Dry Cows with Obesity-Related Insulin Resistance

Prodanović, Radiša; Kirovski, Danijela; Vujanac, Ivan; … - 2022

A number of alterations have been identified in lipid metabolism within adipose tissue and liver in obesity. Less is known about the capacity of skeletal muscle for the metabolism of fatty acids in obesity-related insulin resistance, though it is evident that dry cow muscles may contain...

Persistent link: https://www.econbiz.de/10013300525

Probabilistic Shaping Ofdm Optical Signal for Wavelength Conversion

Hu, Xia; Gu, ChenLiang - 2022

In this paper, we have experimentally demonstrated the transmission of probabilistic shaping (PS)-64 quadrature amplitude modulation (QAM) orthogonal frequency division multiplexing (OFDM) signal after all-optical wavelength conversion (AOWC) in homodyne coherent detection system. In additon,...

Persistent link: https://www.econbiz.de/10013300662