Signaling Under Double‐Crossing Preferences

S-Tier
Journal: Econometrica
Year: 2022
Volume: 90
Issue: 3
Pages: 1225-1260

Score contribution per author:

2.681 = (α=2.01 / 3 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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.

Technical Details

RePEc Handle
repec:wly:emetrp:v:90:y:2022:i:3:p:1225-1260
Journal Field
General
Author Count
3
Added to Database
2026-01-29