eldorado.tu-dortmund.de/server/api/core/bitstreams/af10ac33-8360-442e-b7e1-c3de2e4681fd/content
into the util-
ity function (Akerlof and Kranton, 2000).1
In a related article, Bénabou and Tirole (2011) develop a model in which
former actions, such as taking the train or the plane for a journey, serve [...] from having a positive self-image.
Therefore, a key assumption of the model of Bénabou and Tirole (2011)
is that when deciding upon an action, in addition to material utility, an
individual also takes into [...] Association, 2021).
1
Adding to this strand of research, this paper follows Bénabou and Ti-
role (2011) and develops a straightforward model of self-signaling that
we test experimentally using the ide …