第139回「制度と組織の経済学」研究会開催のお知らせ

「制度と組織の経済学」研究会はOEIO（Osaka Workshop on Economics of Institutions and Organizations：東京大学社会科学研究所と大阪大学IPP研究会による研究会）の主催により、理論研究・実証研究を問わず、ミクロ経済理論、マクロ経済理論、経済史などをテーマに研究しています。
皆さまのご参加をお待ちしております。

Presenter： Junichiro Ishida, Institute of Social and Economic Research, Osaka University

Title: "Signaling under double-crossing preferences"

Abstract: This paper provides a general analysis of signaling under double-crossing preferences with a continuum of types. There are natural economic environments where he 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.