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Existence of an Equilibrium for Lower Semicontinuous Information Acquisition Functions

Bialecki, Agnes; Haguet, Eleonore; Turinici, Gabriel - HAL - 2014

We consider a two-period model in which a continuum of agents trade in a context of costly information acquisition and systematic heterogeneous expectations biases. Because of systematic biases agents are supposed not to learn from others' decisions. In a previous work under somehow strong...

Persistent link: https://www.econbiz.de/10010898572

Existence of an equilibrium for lower semi-continuous information acquisition functions

Bialecki, Agnes; Haguet, Eleonore; Turinici, Gabriel - HAL - 2012

We consider a two period model in which a continuum of agents trade in a context of costly information acquisition and systematic heteroge- neous expectations biases. Because of systematic biases agents are sup- posed not to learn from others' decisions. In a previous work under some- how strong...

Persistent link: https://www.econbiz.de/10010752037

Innovation and information acquisition under time inconsistency and uncertainty

Chemarin, Sophie; Orset, Caroline - HAL - 2008

This paper analyzes the impact of hyperbolic discounting preferences on theagent's information acquisition decision who wants to undertake a potentialdangerous activity for human health or the environment. We find that belowcertain discount rate threshold, an agent prefers ignoring information...

Persistent link: https://www.econbiz.de/10008793771

On the spike in hazard rates at unemployment benefit expiration: The signalling hypothesis revisited

Decreuse, Bruno; Kazbakova, Elvira - HAL - 2008

We revisit the signalling hypothesis, whereby potential employers use the duration of unemployment as a signal as to …

Persistent link: https://www.econbiz.de/10008793679

WHY BUSINESS SCHOOLS DO SO MUCH RESEARCH: A SIGNALING EXPLANATION

Besancenot, Damien; Faria, Joao; Vranceanu, Radu - HAL - 2008

future students. This signaling equilibrium is characterized by a relative neglect of teaching by the top-tier schools. Such …

Persistent link: https://www.econbiz.de/10008794060

Migrant wages, remittances and recipient labour supply in a moral hazard model

Naiditch, Claire; Vranceanu, Radu - HAL - 2009

This paper analyzes the interaction between migrants income and remittances and between remittancesand the labor supply of residents. The model is cast as a two-period game with imperfect informationabout the residents' real economic situation. Residents subject to a good economic situation may...

Persistent link: https://www.econbiz.de/10010738600

A large scale experiment: wages and educational expansion in France

Gurgand, Marc; Maurin, Eric - HAL - 2007

experiment measures a social return to schooling even in the presence of signaling, whereas strategies based on quasi …-experiments are not necessarily robust to signaling. Our instrumental variable estimation finds returns to schooling very similar to … the rest of the literature, which is a strong case against the signaling hypothesis. …

Persistent link: https://www.econbiz.de/10010738887

A model of scholarly publishing with hybrid academic journals

Besancenot, Damien; Vranceanu, Radu - HAL - 2014

available only to subscribers. This paper argues that authors might use publication strategy as a quality signaling device. The …

Persistent link: https://www.econbiz.de/10011025714

Leadership in Teams: Signaling or Reciprocating ?

Meidinger, Claude; Villeval, Marie Claire - HAL - 2002

. Experimental evidence shows that leadership works more through reciprocity than through signaling. In leading-by-sacrifice, the … leader can give up a part of her payoff. Experimental evidence indicates that this sacrifice works as a truthful signaling …

Persistent link: https://www.econbiz.de/10010750437

Respect and relational contracts

Eriksson, Tor; Villeval, Marie-Claire - HAL - 2012

Assuming that people care not only about what others do but also on what others think, we study respect in a labor market context where the length of the employment relationship is endogenous. In our three-stage gift-exchange experiment, the employer can express respect by giving the employee...

Persistent link: https://www.econbiz.de/10009422032