Thursday, December 21, 2006
Strategic signalling
A new blog devoted to rumors about the economics job market has a post on such signalling. Of the comments on that post, many reported not receiving interview invitations as a result of the signal. (We got one such signal, and I will interview that person ... but it's not clear to me the signal was important in our decision.)
So I'm trying to think about how one would use such signals strategically. One commenter said he or she signaled to a school because of co-location issues. Another indicated he was signalling to schools he thought were good candidates, where he might be on the margin. How one knows that is beyond me, actually. My thought was that if I thought a school might think I was just fishing and not serious about a school -- because they may perceive themselves as below the level I could find a job at -- I would use the signal to tell them I was serious. So nobody would signal a top-50 program, but lots of Directional State Universities would get signals. Your alternative hypotheses invited...
Anyway, some second-year grad student in econ has a fun dissertation topic here, if they can get the data on what types of candidates signaled which schools.