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In sender--receiver games high--quality types can distinguish themselves from low--quality types by sending a costly signal. Allowing for additional, noisy information on sender types can radically alter sender behavior in such games. We examine equilibria where medium types separate themselves...
Persistent link: https://www.econbiz.de/10005550943
In signaling environments ranging from consumption to education, high quality senders often shun the standard signals that should separate them from lower quality senders. We find that allowing for additional, noisy information on sender quality permits equilibria where medium types signal to...
Persistent link: https://www.econbiz.de/10005795961
Persistent link: https://www.econbiz.de/10001363274
In signaling environments ranging from consumption to education, high quality senders often shun the standard signals that should separate them from lower quality senders. We find that allowing for additional, noisy information on sender quality permits equilibria where medium types signal to...
Persistent link: https://www.econbiz.de/10011566317
In signaling environments ranging from consumption to education, high quality senders often shun the standard signals that should separate them from lower quality senders. We find that allowing for additional, noisy information on sender quality permits equilibria where medium types signal to...
Persistent link: https://www.econbiz.de/10014035276
In signalling environments ranging from consumption to education, high-quality senders often shun the standard signals that should separate them from lower-quality senders. We find that allowing for additional, noisy information on sender quality permits equilibria where medium types signal to...
Persistent link: https://www.econbiz.de/10014032877
Are minorities more vulnerable to opportunism? We find that individuals from a minority group face greater danger of being cheated because trade with them is less frequent and the value of a reputation for fairness toward them is correspondingly smaller. When the majority is sufficiently large...
Persistent link: https://www.econbiz.de/10010743978
When can you cheat some people without damaging your reputation among others? In a trust game between a firm and a series of individuals from two groups of different sizes, the firm has more incentive to cheat minority individuals because trade with the minority is less frequent and the...
Persistent link: https://www.econbiz.de/10005220025
Is it always wise to disclose good news? We find that the weakest senders with good news have the most incentive to boast about it if the receiver has any private information. Hence the act of disclosing good news can paradoxically make the sender look bad. Withholding good news is an...
Persistent link: https://www.econbiz.de/10014027672
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