Kjell Hausken1, Jack Hirshleifer
1School of Economics, Culture and Social Sciences, University of Stavanger, P.O. Box 8002, Stavanger N-4068, Norway. kjell.hausken@oks.his.no
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The truthful signalling hypothesis (TSH) suggests males signal quality to females, but TSH equilibria depend on specific conditions. Equilibria validating TSH can fail if quality disparities or the proportion of high-quality males are too great.
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