Risky shifts as multi-sender signaling

A-Tier
Journal: Journal of Economic Theory
Year: 2018
Volume: 174
Issue: C
Pages: 273-287

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

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

Abstract

This paper addresses the issue of risky shifts by a multi-sender signaling game. Senders compete in making proposals to be adopted by a group, hence they try to signal that they have the ability to correctly observe the state. This paper shows that senders tend to avoid making a moderate proposal, because a moderate proposal signals incompetence. When facing a moderate and a risky proposal, the group tends to adopt the risky one, and we have risky shifts as a result.

Technical Details

RePEc Handle
repec:eee:jetheo:v:174:y:2018:i:c:p:273-287
Journal Field
Theory
Author Count
1
Added to Database
2026-02-02