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Persistent link: https://www.econbiz.de/10010128801
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In this paper, we present a model in which agents choose voice, exit, or stay options when their marital condition becomes bad. The "voice" option can be interpreted as a spouse's effort or "investment" in the household to resolve his/her dissatisfaction and improve the marital condition. If a...
Persistent link: https://www.econbiz.de/10005774278
In this paper, we present a model in which agents choose voice, exit, or stay options when their marital condition becomes bad. The "voice" option can be interpreted as a spouse's effort or "investment" in the household to resolve his/her dissatisfaction and improve the marital condition. If a...
Persistent link: https://www.econbiz.de/10005828387
We consider a cheap talk model with the sender’s exit option. We show that in the case of discrete action space, it can be the case that there exists an informative equilibrium if and only if the sender’s bias is sufficiently small or sufficiently large. The latter case is sharply...
Persistent link: https://www.econbiz.de/10010681783