Signaling and Semiotics: a Search for Meaning

George M. Frankfurter and Elton G. McGoun
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George M. Frankfurter: Sabanci University, Destin, USA
Elton G. McGoun: Department of Management, Bucknell University, Lewisburg, USA

Homo Oeconomicus, 2001, vol. 17, 347-369

Abstract: In this paper, we argue that a duality of language exists in financial economics in that branch of the agency theory literature that is called signaling, signaling theory, and the signaling principle of finance. We show that the signaling contention violates rudimentary rules of logic. Yet, the duality of language, in the framework of semiotics, opens new avenues of inquiry.

Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:hom:homoec:v:17:y:2001:p:347-369

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