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Brigham Young University

BYU Studies Quarterly

2013

Lecture

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Full-Text Articles in Arts and Humanities

Certification And Signaling: The Importance Of Markets And What Makes Them Work, J Michael Pinegar Oct 2013

Certification And Signaling: The Importance Of Markets And What Makes Them Work, J Michael Pinegar

BYU Studies Quarterly

J. Michael Pinegar examines financial and labor markets in terms of what makes them work efficiently. Information asymmetry between buyers and sellers can result in market failure. Two common ways to reduce information asymmetry are certification and signaling. Certification refers to a reputable third party, who affirms the quality of a product. Signaling refers to costs the seller incurs to convey the quality of the product to potential buyers. The signal might be something like a warranty. Both of these mechanisms facilitate market functioning. Pinegar gave this presentation as the BYU 2013 Maeser Distinguished Faculty Lecture.


My Vocation As A Scholar: An Idea Of The University, John R. Rosenberg Apr 2013

My Vocation As A Scholar: An Idea Of The University, John R. Rosenberg

BYU Studies Quarterly

This lecture was given on March 21, 2013, as part of the Brigham Young University Faculty Center's "My Journey as a Scholar of Faith" series. John R. Rosenberg, dean of the College of Humanities at BYU, uses architectural features of the Joseph F. Smith Building (JFSB), home of his college, to illustrate certain aspects of scholarship and faith. The arches surrounding the courtyard represent a beautiful, efficient management of tension and compression and remind us that a university is a collection of individuals, admired at times for their individual graces, but relied upon to sustain a common project. "The glory …