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Osaka Workshop on Economics of Institutions and Organization (#139)

Date:  Friday, October 15, 2021 13:30 to 15:00
Please contact 【[encode] rmikami(a)iss.u-tokyo.ac.jp[/encode] 】in advance, if you want to participate in the meeting.(*This seminar will be held at Zoom Meeting.)

Presenter:
Junichiro Ishida(石田潤一郎 大阪大学)

Title: “Signaling under double-crossing preferences” 

[su_quote cite=”Abstract:Junichiro Ishida “]This paper provides a general analysis of signaling under double-crossing preferences with a continuum of types. There are natural economic environments where the indifference curves of two types cross twice, such that the celebrated single-crossing property fails to hold. Equilibrium exhibits a threshold type below which types choose actions that are fully revealing and above which they pool in a pairwise fashion, with a gap separating the actions chosen by these two sets of types. The resulting signaling action is quasi-concave in type. We also provide an algorithm to establish equilibrium existence by construction. [/su_quote]

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