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all participants but with ambiguity (partial transparency). We show that, in theory, both communication strategies are … reducing the degree of transparency. We run a laboratory experiment to test whether theoretical predictions hold in a game … either communication strategy. This paper, however, makes a case for partial transparency rather than partial publicity …
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This paper examines the over-the-counter (OTC) interest rate derivatives (IRD) market in order to inform the design of post-trade price reporting. Our analysis uses a novel transaction-level data set to examine trading activity, the composition of market participants, levels of product...
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As a result of a large number of food scandals, societal interest in transparency in the food sector has grown … address. Hence, the creation of transparency in the production process has been the focus of the legislation. In this context … foods. This is intended as a response to the general call for more transparency or a "gläserne Produktion ". It has not been …
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