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This paper studies an information design problem of a retailer in a two-tier supply chain that procures a single type … disclose information about her signal to persuade the supplier to increase production levels. For this setup, we characterize … the optimal information disclosure policy of the retailer, and shed light on settings where the retailer strictly benefits …
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An entrepreneur contracts with a consultant, who is protected by limited liability, to supply information about the … probability than a bad one. The entrepreneur makes an upfront payment that the consultant can either invest in information … entrepreneurs so long as his informal referrals remain high. The principal finds it optimal to under-utilize information if she uses …
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