of the signals (whose release she controls) on the client’s profit estimate. -- Mechanism design ; information disclosure …

information transmission is possible with unmediated communication. -- Communication ; Information ; Cheap talk ; Mediation …

information transmission is possible with unmediated communication. -- Communication ; Information ; Cheap talk ; Mediation …

A partially informed expert, A, strategically transmits information to a principal, P. The residual uncertainty faced … exposure to risks due to A's biased decisions. Better information transmission and the associated insurance benefit thus often … imply P preferring control over delegation, despite A having superior information.Some of our conclusions require showing …

, higher levels of reputation exacerbate the incentives of biased experts to misreport their private information. Decision … concerned about establishing a reputation for having accurate information. In this environment, the incentive of the expert to … establish a reputation for competence has a non-monotonic effect on the degree of information revelation. An increase in …

. Consumers are made worse off endogenously when selling reports calls for experts to shuffle more often. With limited field data …

information transmission is possible with unmediated communication …

In reality, the organizational structure of information — describing how information is transmitted to its recipients … — is as important as its content. In this paper, we introduce families of (indirect) information structures, namely meeting …