to more disclosure but depends on the level of competition in the market. Conversely, increasing competition does not …

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 …

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 …

This paper studies the general information disclosure model (Grossman, 1981; Milgrom, 1981) relaxing the assumption of … original unraveling result to hold in the general case. Finally, I compare information disclosure with cheap talk and Bayesian …

production and quality disclosure are endogenous decisions, affected by information made available by third parties. We show that … can reduce their information disclosure investments more so than higher quality firms. Finally, we show that the intuitive …