STRATEGIC INFORMATION DISCLOSURE: THE CASE OF MULTIATTRIBUTE PRODUCTS WITH HETEROGENEOUS CONSUMERS
نویسندگان
چکیده
منابع مشابه
Strategic Information Disclosure: The Case of Multi-Attribute Products with Heterogeneous Consumers*
We examine the incentives for firms to voluntarily disclose otherwise private information about the quality attributes of their products. In particular, we focus on the case of differentiated products with multiple attributes and heterogeneous consumers. We show that there exist certain configurations of consumers’ multi-dimensional preferences under which a firm, no matter whether producing a ...
متن کاملForthcoming in Economic Inquiry. Strategic Information Disclosure: The Case of Multi-Attribute Products with Heterogeneous Consumers*
We examine the incentives for firms to voluntarily disclose otherwise private information about the quality attributes of their products. In particular, we focus on the case of differentiated products with multiple attributes and heterogeneous consumers. We show that there exist certain configurations of consumers’ multi-dimensional preferences under which a firm, no matter whether producing a ...
متن کاملReputation with Strategic Information Disclosure
I study the dynamics of an agent’s reputation for competence when the labour market’s information about his performance is disclosed strategically by an intermediary. I show that this game admits a unique Markov Perfect Equilibrium (MPE). When players are patient, the agent’s effort is inverse U shaped, while the rate of information disclosure is decreasing over time. I illustrate the inefficie...
متن کاملanalysis of reading comprehension needs of the students of paramedical studies: the case of the students of health information management (him)
چکیده ندارد.
15 صفحه اولFirms ’ Incentives to Disclose Information about Product Quality : The Case of Multi - Attribute Products with Heterogeneous Consumers
In this paper, we examine the incentives for firms to voluntarily disclose otherwise private information about quality attributes of differentiated products when those products have multiple attributes and consumers are heterogeneous in their tastes over these attributes. In particular, we focus on whether the so-called “unraveling result”—in equilibrium, firms fully disclose the quality of the...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Economic Inquiry
سال: 2011
ISSN: 0095-2583
DOI: 10.1111/j.1465-7295.2010.00340.x