Contractual signaling in a market environment (Q1864810)
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scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Contractual signaling in a market environment |
scientific article |
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Contractual signaling in a market environment (English)
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23 March 2003
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The author introduces a structural extention of signalling games to provide a natural approach to restrict the set of equilibria. The model is presented with a complete theoritical background and a number of theorems and proofs are presented for equilibrium convergence. Some of the proofs are relegated to the appendix. It is an interesting theoritical presentation which can benefit researchers in the economic community.
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signaling
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adverse selection
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canonical setting
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equilibrium
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market environment
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