altruism or their income. We argue that, rather than signaling income per se, individuals may want to signal other unobservable …

strategically distorted information. This ambiguity about the type of spy gives rise to a non-standard signaling problem where both …

known to consumers. Each firm can make an imperfect disclosure of its product quality before engaging in price-signaling …, in one of the separating regimes, price signaling leads to intense price competition between the firms under which not …

incentive compatible? When the market is pessimistic, is it better to give up or keep signaling? We introduce hidden actions in … a dynamic signaling model in order to answer these questions. Separation is found to be fast in equilibrium when sending … quality of the asset, depending on the cost structure, the seller either “gives-up” by stopping signaling, or the seller …