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- W4385318456 abstract "In many real-world settings, an action that affects the value of a product or service is self-reported rather than publicly observable. We investigate self-reporting when self-reports serve as a signal of sender productivity. In our model, a sender chooses an action and then sends a message concerning the action to multiple receivers. Receivers then bid for the sender’s service after deciding whether to audit the sender. We find that self-reporting can reverse the standard result in signaling models that there is overinvestment in the action and that the possibility of misrepresentation may in fact improve welfare given self-reported signaling. (JEL D82, D83, I23, I26, J24)" @default.
- W4385318456 created "2023-07-28" @default.
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- W4385318456 date "2023-08-01" @default.
- W4385318456 modified "2023-09-26" @default.
- W4385318456 title "Self-Reported Signaling" @default.
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- W4385318456 doi "https://doi.org/10.1257/mic.20210204" @default.
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