Κατηγορία
Spence
1 άρθρο
Why Labels No Longer Convince Anyone
Michael Spence (Nobel 2001), costly signaling, and what separates proof from a promise: why a label anyone can slap on no longer signals anything — and how proof changes the game.
Κατηγορία
1 άρθρο
Michael Spence (Nobel 2001), costly signaling, and what separates proof from a promise: why a label anyone can slap on no longer signals anything — and how proof changes the game.