Does social identity affect how decision makers consume and digest new information? We study this question through a … cost. Making social identity observable significantly affects information acquisition and makes receivers more prone to … truthtelling. This change in information acquisition has implications for optimal decision making: it negatively affects receivers …

reveal less information if the sender becomes more risk averse or the sender's utility shifts to the left. Finally, we apply …

We examine whether the desire for more information is people's dominant motive for reading economic and political news … experimentally vary people's beliefs about the informativeness of news. Inconsistent with the desire for more information being the … information reduce their demand for news from this newspaper. Furthermore, treated respondents who think that a news outlet is …

about the alleged value of their company to potential buyers. Via random information leaks, buyers can learn the true value …

When an agent receives information from a source whose accuracy might be either high or low, standard theory dictates … uncertain sources. A theory of belief updating where agents are insensitive and averse to uncertainty in information accuracy …

We develop a dynamic framework of strategic information transmission through cheap talk in a social network. Privately …

This paper introduces private sender information into a sender-receiver game of Bayesian persuasion with monotonic ….e., the sender's choice of signal reveals his private information to the receiver, or fully disclosing, i.e., the outcome of … information benchmark in which the receiver knows the sender's type. The receiver prefers the equilibrium outcome over this …

I study reputation models in which information about the long-run player's past behavior is dispersed among short …-run players. I identify two challenges to reputation building when such information is aggregated via the short-run players …

An uninformed sender designs a mechanism that discloses information about her type to a privately informed receiver … willing to act. Using a linear programming approach, I characterize optimal information disclosure and provide conditions … not monotonic in the precision of the receiver's private information. …

This paper performs a welfare analysis of economies with private information when public information is endogenously … in information). The reason is that the market in general does not internalize the informational externality when public … statistics (e.g., prices) convey information. Under strategic substitutability, equilibrium prices will tend to convey too little …