We define a cautious version of extensive-form rationalizability for generalized extensive- form games with unawareness … set. We demonstrate the applicability of prudent rationalizability. In games of disclosure of verifiable information, we … show that prudent rationalizability yields unraveling under full awareness but unraveling might fail under unawareness. We …

We model firms’ quality disclosure and pricing in the presence of cursed consumers, who fail to be sufficiently ….e. mandatory disclosure, third party disclosure and consumer education may all increase exploitation and decrease welfare. Even …

We model firms' quality disclosure and pricing in the presence of cursed consumers, who fail to be sufficiently … that work under monopoly, i.e. mandatory disclosure, third party disclosure and consumer education, may all increase …

We model firms’ quality disclosure and pricing in the presence of cursed consumers, who fail to be sufficiently … that work under monopoly, i.e. mandatory disclosure, third party disclosure and consumer education, may all increase …

We model firms' quality disclosure and pricing in the presence of cursed consumers, who fail to be sufficiently ….e. mandatory disclosure, third party disclosure and consumer education may all increase exploitation and decrease welfare. Even …