We estimate and test a model of voluntary disclosure in which a manager’s information set is uncertain (Dye 1985; Jung and Kwon 1988). In this model, a manager makes his disclosure decision to maximize the market price, but sometimes, for exogenous reasons, he cannot or is not willing to disclose. We offer a flexible framework to measure the prevalence of unobservable disclosure frictions and t...

INTRODUCTION For many donor-conceiving heterosexual parents, the process of deciding whether and what to tell children about their genetic origin is challenging. We hypothesized that incomplete couple agreement about disclosure could be associated with parenting stress. The aim of the study was to investigate: (1) parenting stress levels among heterosexual parents of young children following ga...

Resampling schemes, and especially the bootstrap method, were proposed as a subclass of perturbation methods to ensure statistical conndentiality in statistical databases. Later, a method based on bootstrapping was presented to achieve the more speciic task of anonymising contingency tables. In this paper, we argue that the latter proposal is either ineecient from a computational point of view ...

A principal acquires information about a shock and then discloses it to an agent. After the disclosure, the principal and agent each decide whether to take costly preparatory actions that yield mutual benefits but only when the shock strikes. The principal maximizes his expected payoff by controlling the quality of his information, and the disclosure rule. We show that even when the acquisition...

Universities are required to gain a competitive advantage in recruiting students and obtaining funds. The Bologna Declaration has emphasised this process, highlighting both the need to improve quality as well as the importance of providing information to stakeholders. The paper focuses on the information requirements, with the aim of analysing the disclosure of information by Italian universiti...

Containment of potential pandemic threats such as SARS and avian ‡u depends on prompt reporting of outbreaks. This paper examines the incentives of source countries to identify and disclose outbreaks. The analysis yields a number of policy-relevent …ndings. Whereas sanctions by trading partners following the formal report of an outbreak discourages reporting, sanctions based on fears of an unde...

In a field experiment, we demonstrate that advertising can serve as a signal that enhances consumers’ evaluations of advertised goods. We implement the experiment on a mobile search platform that provides listings and reviews for an archetypal experience good, restaurants. In collaboration with the platform, we randomize about 200,000 users in 13 Asian cities into exposure of ads for about 600+...

: the purpose of this study is to identify the gender differences in identity styles, commitment and quality of friendship. for this reason, 400 high school students from 19 educational regions in tehran (males –females) are chosen randomly. three scales are administrated: identity style inventory-six grade (white et al, 1998), quality of friendship (hejazi, zohrevand, 1380) and socio-metric qu...