In a model, two players, heterogeneous in their information quality, compete with each other with perfect information about the other player's information quality. If they can decide their timings of actions endogenously, the less-informed player has an incentive to delay her action for...

We analyze how transparency affects information acquisition in a bargaining context, where proposers may chose to purchase information about the unknown outside option of their bargaining partner. Although information acquisition is excessive in all our scenarios we find that the bargaining...

We study a manufacturer's encroachment choice when the retailer's decision to acquire and analyze demand information is costly. Notably, we explicitly take into account that the manufacturer might set such a high wholesale price that the retailer shuts down the indirect channel if demand turns...