Chapter

Signaling

James Bergin

in Microeconomic Theory

Published in print May 2005 | ISBN: 9780199280292
Published online July 2005 | e-ISBN: 9780191602498 | DOI: http://dx.doi.org/10.1093/0199280290.003.0014
 Signaling

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The signalling model is considered. The model is used to highlight the difference between various equilibrium refinements. The Spence signalling model is discussed and forward induction restrictions described.

Keywords: equilibrium; forward induction; Signalling

Chapter.  5717 words.  Illustrated.

Subjects: Microeconomics

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