Multidimensional signalling

Quinzii, Martine; Rochet, Jean-Charles

Quinzii, Martine; Rochet, Jean-Charles (1985), Multidimensional signalling, Journal of Mathematical Economics, 14, 3, p. 261-284. http://dx.doi.org/10.1016/0304-4068(85)90003-5

Type

Article accepté pour publication ou publié

Date

1985

Journal name

Journal of Mathematical Economics

Volume

Number

Publisher

Elsevier

Pages

261-284

Abstract (EN)

Spence's model of market signalling is extended to the case of multidimensional characteristics. Assuming separable costs, we give a characterization of equilibria as related to the convex solutions of some partial differential equation. An existence result is obtained under an additional assumption, which was not needed in dimension one.

Subjects / Keywords

Spence's model; multidimensional characteristics; market signalling