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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.

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The Signaling Crisis
Marin Dinu

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016

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