Theoretical and Applied Economics
No. 8 / 2011 (561)
The Signaling Crisis
„The present crisis was also proven to be a crisis of signaling, its proportion being, perhaps, particularly a result of its signaling difficulties, if not the very coarse expression of the working networks applied by the signaling system.”
It is well known that in market theory - as a regulation mechanism - an essential role to the functioning of the economy is given to the signals received by its agents and to the meaning that is attributed to these signals. In time, interest has also grown for the function and behavior of the signal emitter. Something, though, has remained outside of both the explicative model as well as understanding: how are the signals being emitted.
Contents
Empirical Study on the Financial Reporting of Intangible Assets by Romanian Companies
Optimum Repartition of Transport Capacities in the Logistic System using Dynamic Programming
User Types in Online Applications
Optimality of Fiscal Policy in Romania in Terms of Laffer Curve
The Causal Relationship between Health and Education Expenditures in Malaysia
Law Antimonopoly of China – a Model of European Inspiration
Work: Social Status and the Role of Work along History – Since Ancient Times to Modern Times
Determination of Import Demand in Pakistan: The Role of Expenditure Components
Stock Markets Correlation: before and during the Crisis Analysis
The Decision to Invest and Economic Growth. Romania’s Case
Economic Crisis Perspective between Current and Forecast