This paper offers a theoretical treatment of information disclosure through patenting. We consider a signaling model in …

sender's quality, we find that the worst sender type with good news has the most incentive to disclose it, so reporting good …

sometimes better than, auditing by either central banks, which, in turn, perform better than voluntary disclosure by the banks … reporting bank balance sheets is a key element in reducing such losses. It is, however, unclear just how such transparency would … develop a model that compares two alternative institutions for bank auditing. Neither of these institutions would require as …

The purpose of this paper is to characterize the impact of fraud detection systems on the auditing procedure and the … equilibrium insurance contract, when a policyholder can report a loss that never occurred. Insurers can only detect fraudulent … on the signal of the system and auditing becomes more effective. This paper presents conditions under which insurance …

The purpose of this paper is to characterize the impact of fraud detection systems on the auditing procedure and the … equilibrium insurance contract, when a policyholder can report a loss that never occurred. Insurers can only detect fraudulent … the signal of the system and auditing becomes more effective. This paper presents conditions under which insurance fraud …