I study the effect of public information disclosure in a market setting where private information acquisition exhibits … disclosure. In particular, the classic \crowding-out" result can be reversed and public disclosure \crowd in" more private … predicts that public disclosure of intermediate precision (neither too precise nor too vague) is most effective in stimulating …

disclosure of public information. …

Consider the problem of information disclosure for a planner who faces two agents interacting in a state …

peers in their compensation schemes. This finding lends support to the credibility and thus informational value of RPE …

their costs are below the expected mean cost. Disclosure reduces consumer surplus when the disclosing firm's costs are below … the expected mean cost. The effect of disclosure on social welfare depends on the parameters of the problem. Finally, I … analyze the incentive of firms to agree to exchange information when disclosure exposes a firm to the risk of antitrust …

peers in their compensation schemes. This finding lends support to the credibility and thus informational value of RPE …

costs. I present a simple economic mechanism under which such disclosure often leads to more informative, but at the same … naive or delegating receivers; disclosure is thus not a Pareto-improvement among receivers. I identify general conditions of … the information structure under which this effect manifests and show that whenever it does, full disclosure is socially …

This paper studies the incentives for interim voluntary disclosure of verifiable information in probabilistic all … favorite will try to discourage the underdog - so that the contest unravels. Self-disclosure is optimal even though a weak …