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other hand, too much competition always makes the equilibrium signaling less informative. -- Signalling ; Competition … violated. It is shown that more competition makes the equilibrium signaling more informative when the level of competition is … moderate. Moreover, the equilibrium signaling can perfectly reveal the ability under a certain level of competition. On the …
Persistent link: https://www.econbiz.de/10008747614
We analyze an oligopolistic competition with differentiated products and qualities. The quality of a product is not …-signaling competition. There are two regimes for separating equilibrium in our model depending on the parameters. Our analysis reveals that …, in one of the separating regimes, price signaling leads to intense price competition between the firms under which not …
Persistent link: https://www.econbiz.de/10013121803
We study signaling in dynamic contests with heterogeneous players. A privately-informed challenger faces a sequence of rivals of known types. The type of future rivals determines which signal the challenger wants to produce, whereas the strategic response of current rivals determines the extent...
Persistent link: https://www.econbiz.de/10013292789
A decision maker (DM) determines a set of reactions that receivers can choose before senders and receivers move in a generalized competitive signaling model with two-sided matching. The DM’s optimal design of the unique stronger monotone signaling equilibrium (unique D1 equilibrium) is...
Persistent link: https://www.econbiz.de/10013212814
I study a multi-sender signaling game between an uninformed decision maker and two senders with common private information and conflicting interests. Senders can misreport information at a cost that is tied to the size of the misrepresentation. The main results concern the amount of information...
Persistent link: https://www.econbiz.de/10013463788
bidders' costs generally depends on the type and fierceness of the market competition, the specific auction format, and the …
Persistent link: https://www.econbiz.de/10014196760
violated. It is shown that more competition makes the equilibrium signaling more informative when the level of competition is … moderate. Moreover, the equilibrium signaling can perfectly reveal the ability under a certain level of competition. On the … other hand, too much competition always makes the equilibrium signaling less informative. …
Persistent link: https://www.econbiz.de/10010281680
code --- represent a rapidly growing, multi-billion-dollar market. A unique aspect of competition in the COSS market is … lower consumer surplus and industry profits? We develop a two-sided model of competition between COSS firms to address these …
Persistent link: https://www.econbiz.de/10014044715
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