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
TypeArticle accepté pour publication ou publié
Journal nameJournal of Mathematical Economics
MetadataShow full item record
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 / KeywordsSpence's model; multidimensional characteristics; market signalling
Showing items related by title and author.