practices of privately held banks. We study a unique change in disclosure regulation under German banking law which introduces … observe provisioning practices before and after disclosure becomes mandatory. Our findings suggest that bank managers use loan …

We model firms’ quality disclosure and pricing in the presence of cursed consumers, who fail to be sufficiently … that work under monopoly, i.e. mandatory disclosure, third party disclosure and consumer education, may all increase …

(compared to trade secrets) has a disproportionately negative effect on the disclosure of processes - inventions that are not … a shift in disclosure on overall welfare in industries characterized by cumulative innovation. We find that while …

disclose, in accessible language, details of their data collection, processing, and use. The specifics of the disclosure … firms. We use text-as-data techniques to construct measures of disclosure and readability and show that firms increased the … disclosure volume, but the readability of their privacy policies did not improve. Larger firms in concentrated industries …

about the good's quality publicly. We show that the certifier's optimal contract exhibits maximal disclosure but non …