Showing 1 - 10 of 5,479
This paper studies the incentives for interim voluntary disclosure of verifiable information in probabilistic all … strong-form disclosure principle is robust with respect to correlation, partitional evidence, randomized disclosures …
Persistent link: https://www.econbiz.de/10014321141
that competition between senders positively affects disclosure of information and receivers' welfare. …The theory of voluntary disclosure of information posits that market forces lead senders to disclose information … adverse inferences about non-disclosed information. Previous research finds that receivers do not sufficiently infer non-disclosure …
Persistent link: https://www.econbiz.de/10012024603
. However, this cost increases the player's incentive to win the competition and allows him to commit to a tougher stance in the …
Persistent link: https://www.econbiz.de/10013119001
This paper studies optimal information disclosure in competing contests with identical players. Each player faces a … the task type or to (2) keep it private in order to maximize the aggregate effort exerted in her competition. When the … become linked, and there is a substitution effect which forces the players to reallocate their effort to a competition they …
Persistent link: https://www.econbiz.de/10013212097
In the market where inattentive buyers can fail to notice some feasible choices, the key role of marketing is to make buyers aware of products. However, the effective marketing strategy is often subtle since marketing tactics can make buyers cautious. This paper provides a framework to analyze...
Persistent link: https://www.econbiz.de/10009516790
Motivated by the analyst and investor setting we examine the behavior of subjects playing both roles of sender and receiver in an information transmission game. We also elicit the subjects' beliefs of others' strategic behavior, risk and other-regarding preferences. The results of the experiment...
Persistent link: https://www.econbiz.de/10013038329
I study optimal disclosure policies in sequential contests. A contest designer chooses at which periods to publicly …
Persistent link: https://www.econbiz.de/10012869576
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 …
Persistent link: https://www.econbiz.de/10013251018
We study the strategic disclosure of demand information and product-market strategies of duopolists. In a setting where … experiment. We find that subjects often use selective disclosure strategies, and this finding appears to be robust to changes in … the information structure, the mode of competition, and the degree of product differentiation. Moreover, in our experiment …
Persistent link: https://www.econbiz.de/10011301237
We study the effect of noise due to exogenous information distortions in the context of Bayesianpersuasion. In particular, we ask whether more noise (a la Blackwell) is always harmful forthe information designer, i.e., the sender. We show that in general this is not the case. Weprovide a...
Persistent link: https://www.econbiz.de/10012854480