Part of why people give is because doing so sends a positive signal about the giver. The intended audience may be another person or the giver herself, yet the relative importance of social-signaling versus self-signaling is unclear. Using the predictions of a model of a preference-signaling...

Avoiding information about adverse welfare consequences of self-interested decisions, or willful ignorance, is an important source of socially harmful behavior. We analyze a Bayesian signaling model of an agent who cares about self-image and has the opportunity to learn the social benefits of a...

Firms often face choices about when to upgrade and what to upgrade to. We discuss this in the context of upgrading to a new technology (for example, a new computer system), but it applies equally to the upgrading of processes (for example, a new organizational structure) or to individual choices...