A Review on Signaling Theory Research

To solve the adverse selection problems caused by asymmetric information,signaling theory was proposed.The theory includes signalingand screening.By reviewing the relative researches,we conclude the developments of signaling theory researches as follows: from two-type participant researches to multi-type participant researches,from static researches to dynamic researches,and from strict hypothesis researches to released hypothesis researches,so the researches are more similar to real life.The signaling theory has been widely applied to analyzing the relative phenomenain the industrial field,finance field and labor market field.