Curello, Gregorio; Sinander, Ludvig - In: Theoretical economics : TE ; an open access journal in … 20 (2025) 4, pp. 1323-1365
How best to incentivise disclosure? We study this question in a general model in which a technological breakthrough occurs at an uncertain time and is privately observed by an agent, and a principal must incentivise disclosure via her control of a payoff-relevant physical allocation. We uncover...