Table of contents
1. Introduction................................................................................................... 7
2. Model........................................................................................................... 10
3. Cost uncertainty...........................................................................................14
4. Signalling game 1: Incentives to signal that costs are high.........................16
Sequential equilibrium................................................................................. 18
Separating equilibrium................................................................................ 19
5. Information structure and correlation of costs.............................................23
6. The signalling game 2: Incentives to signal that costs are low....................26
7. Relaxing the assumptions............................................................................30
The curse of the initial mover......................................................................31
Alternative specification of the information structure.................................32
8. Conclusions ................................................................................................. 36
9. Literature..................................................................................................... 38
10. Appendixes.................................................................................................. 40
More intriguing information
1. A Rare Case Of Fallopian Tube Cancer2. The name is absent
3. Regional dynamics in mountain areas and the need for integrated policies
4. DISCUSSION: POLICY CONSIDERATIONS OF EMERGING INFORMATION TECHNOLOGIES
5. Social Balance Theory
6. The name is absent
7. Regulation of the Electricity Industry in Bolivia: Its Impact on Access to the Poor, Prices and Quality
8. Innovation Policy and the Economy, Volume 11
9. Developmental changes in the theta response system: a single sweep analysis
10. The Impact of EU Accession in Romania: An Analysis of Regional Development Policy Effects by a Multiregional I-O Model