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...
| Published in: | RAND Journal of Economics (Wiley-Blackwell) Vol. 55; no. 4; pp. 519 - 550 |
|---|---|
| Main Authors: | , , |
| Format: | Article |
| Published: |
Wiley-Blackwell
Dec2024
|
| Subjects: | |
| Online Access: | View this record in EBSCOhost |