Signalling (economics)
In contract theory, signaling (or signalling: see American and British English differences) is the idea that one party (termed the agent) credibly conveys some information about itself to another party (the principal). For example, in Michael Spence's job-market signalling model, (potential) employees send a signal about their ability level to the employer by acquiring education credentials. The informational value of the credential comes from the fact that the employer believes the credential is positively correlated with having greater ability and difficult for low ability employees to obtain. Thus the credential enables the employer to reliably distinguish low ability workers from high ability workers.
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Signalling (economics)
In contract theory, signaling (or signalling: see American and British English differences) is the idea that one party (termed the agent) credibly conveys some information about itself to another party (the principal). For example, in Michael Spence's job-market signalling model, (potential) employees send a signal about their ability level to the employer by acquiring education credentials. The informational value of the credential comes from the fact that the employer believes the credential is positively correlated with having greater ability and difficult for low ability employees to obtain. Thus the credential enables the employer to reliably distinguish low ability workers from high ability workers.
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En économie un signal est une ...... tion qu'une absence de signal.
@fr
In contract theory, signaling ...... or is not a fan of that team).
@en
La teoría de la señalización, ...... mpeño de un puesto de trabajo.
@es
シグナリング (英: signaling) とは、市場におい ...... 働者に対して、高賃金を支払うことは合理的であることを示した。
@ja
在经济学中,信号是一方令人信服的向另一方提供自己的信息。比如 ...... 凭等等)。该凭据通常能为雇主衡量雇员水平时起到正面积极作用。
@zh
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744,985,876
reason
"regarding his upon" is syntactically broken.
Does "indices" refer to "obser ...... nds, the sentence implies both
What does "supposed to" mean in this context?
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comment
En économie un signal est une ...... tion qu'une absence de signal.
@fr
In contract theory, signaling ...... ers from high ability workers.
@en
La teoría de la señalización, ...... para distinguir adecuadamente.
@es
シグナリング (英: signaling) とは、市場におい ...... 働者に対して、高賃金を支払うことは合理的であることを示した。
@ja
在经济学中,信号是一方令人信服的向另一方提供自己的信息。比如 ...... 凭等等)。该凭据通常能为雇主衡量雇员水平时起到正面积极作用。
@zh
label
Signal (économie)
@fr
Signalling (economics)
@en
Teoría de la señalización
@es
シグナリング
@ja
信号理论
@zh