Voluntary disclosure of verifiable information with general preferences and information endowment uncertainty.

We study a voluntary disclosure model with verifiable information, a range of sender and receiver preferences, and uncertainty about whether the sender is informed. When a sender's preferences are insensitive to the state relative to the receiver's, a sender discloses moderate news and suppresses ex...

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Detalles Bibliográficos
Publicado en:RAND Journal of Economics (Wiley-Blackwell) Vol. 55; no. 4; pp. 519 - 550
Autores principales: Hummel, Patrick, Morgan, John, Stocken, Phillip C.
Formato: Artículo
Publicado: Wiley-Blackwell Dec2024
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Acceso en línea:Ver este registro en EBSCOhost