The seller persuades the consumer of unknown taste by sending verifiable information. Allowing for horizontal differentiation, we explore what seller types would have an incentive for full disclosure. Price-dependent sales dominance relations are defined. We find that every sales dominant type...

Why do firms engage in costly, voluntary disclosure of informationwhich is subsumed by a later announcement? We consider a model inwhich the firm's manager can choose to disclose short-term informationwhich becomes redundant later. When disclosure costs are sufficientlylow, the manager discloses...

I study how voluntary disclosure of information affects outcomes in plea bargaining. A prosecutor negotiates a sentence with a defendant who privately knows whether he is guilty or innocent. The prosecutor can gather evidence regarding the defendant's type during negotiations, and a trial...