study investigates how competition may influence duopoly firms' incentive to voluntarily and truthfully reveal quality … increasingly softened competition, improving both firm profitability and social welfare …

We analyze a model of competition in Bayesian persuasion in which two senders vie for the patronage of a receiver by … approaches its maximum possible value, the competition becomes so intense that both senders engage in full disclosure in the …

The theory of voluntary disclosure of information posits that market forces lead senders to disclose information …-disclosure as bad news, leading to the failure of complete unravelling. This paper experimentally examines whether competition … examine whether receivers' naivety about non-disclosed information decreases with competition between senders. We find that …

, I further study how several factors, including competition by a large number of sellers, would affect the equilibrium …

. The risky arm could potentially lead to a dead end and the safe arm introduces further competition to make firms keep …