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- Jena Economic Resea...
- Volume 7
- Sorting via Screeni...
Sorting via Screening versus Signaling:
A Theoretic and Experimental Comparison
- Abgebildete Person
- Erschienen
- 24. April 2013
- Nummer des Discussion-Papers
-
2013-017
- Schlagwort(e)
-
off-equilibrium play
screening
signaling
sorting
wage bargaining
- Zusammenfsg.
-
Similar to Kübler et al. (2008, GEB 64, p. 219-236), we compare sorting in games with asymmetric incomplete information theoretically and experimentally. Rather than distinguishing two very different sequential games, we use the same game format and capture the structural difference of screening and signaling only via their payoff specification. The experiment thus relies on the same verbal instructions. Although the equilibrium outcomes coincide, greater efficiency losses off the equilibrium play due to sorting under signaling, compared to screening, is predicted and confirmed experimentally.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- JEL-Classification for JER
- C9 - Design of Experiments; D82 - Asymmetric and Private Information ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity ; J40 - General