We develop a model in which the principal and the agent share private information about the value of the agent for a multi-agent organization. The principal can disclose private information and make public the relative standing or status of all agents in the organization. We study whether it is...

We consider the communication of expertise in a disclosure game. A sender wants to persuade a receiver to take a high-value action. The sender has private information about her ability to acquire evidence, called her expertise. After the sender communicates her expertise to the receiver through...

We examine the relation between managerial incentives and disclosure. Specifically, we examine how contracts that explicitly evaluate managers relative to peer performance are associated with: (1) the transparency of mandatory disclosure; (2) the provision of voluntary disclosure; and (3) the...