Informal exchange of information among competitors has been well-documented in a variety of industries, and one … stronger effect on information ows than reducing environmental uncertainty (about the competitor's ability). We further show …

We investigate the elasticity of moral ignorance with respect to monetary incentives and social norm information. We … from small negative to small positive monetary incentives. By contrast, while social norms strongly favor information …

Interactions between players with private information and opposed interests are often prone to bad advice and …

Information unraveling is an elegant theoretical argument suggesting that private information may be fully and …. Altogether, we find more information unraveling with the new design, but there is clear evidence that other-regarding preferences …

We study how framing interplays with information design. Whereas Sender conceives all contingencies separately … first decides whether to refine Receiver’s frame and then designs an information structure for the chosen frame. Sender … faces a trade-off between keeping Receiver under the coarse frame — thus concealing part of the information structure — and …