obtained in a complete information setting, where coordination is easy, to those obtained in a setting with strategic risk … deterrent effect under complete information, this does not hold anymore under strategic risk. Rather, we find that increases in …

We present evidence that complex disclosure can result from the strategic incentives to shroud information. We … implement an experiment where senders are required to report their private information truthfully but can choose how complex to … overconfident in their ability to process complex information …

information transmission and the ambiguity of this latter.In fact, our field studies show that management consultants realize … daily marginal transgressions of confidentiality rules. They favour the transmission to competitors of useful information … act as sensitive information hawkers who fertilize firm's decision making. …