I analyze a monopolistic model of quality uncertainty but with the possibility of information acquisition on the … consumer side. Information is costly and its amount is chosen by the consumer. The analysis of Bayesian equilibria shows the … results of these markets are weakened in this situation. I show that cheaper information does not necessarily benefit the …

We study the design of public information structures that maximize the probability of selecting a Pareto dominant … in constrained information design …

I investigate the decision problem of a player in a game of incomplete information who faces uncertainty about the …

others. To dissuade them from attacking, a principal adopts a dynamic information disclosure policy - repeated viability …

-related product attributes. Using an analytical model, we show that firms should disclose more taste-related information when the …

I investigate the decision problem of a player in a game of incomplete information who faces uncertainty about the …

I consider a real business cycle model in which agents have private information about an idiosyncratic shock to their … heterogeneous agents and aggregate uncertainty. Calibrating the model to U.S. data I find a striking result: That the information …

A decision maker, named Alice, wants to know if an expert has significant information about payoff … mitigated by screening contracts that separate informed from uninformed experts. This result stands in contrast with the …