Why is it possible for a signaling equilibrium to result in a pooling equilibrium in which no

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Why is it possible for a signaling equilibrium to result in a pooling equilibrium in which no information is revealed, but it is not possible to have such a pooling equilibrium emerge when firms screen?

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Microeconomics An Intuitive Approach With Calculus

ISBN: 9781337335652,9781337027632

2nd Edition

Authors: Thomas Nechyba

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Question Posted: Nov 06, 2024 05:00 AM

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Why is it possible for a signaling equilibrium to result in a pooling equilibrium in which no

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Microeconomics An Intuitive Approach With Calculus

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