Prices and quality signals
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Keywordslemons; noisy quality signal; adverse selection;
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2004-02-23 (All new papers)
- NEP-IND-2004-02-29 (Industrial Organization)
- NEP-MIC-2004-02-23 (Microeconomics)
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