characterize disagreement in a strategic disclosure game where two analysts disclose to an investor who has commitment power. This …

characterize disagreement in a strategic disclosure game where two analysts disclose to an investor who has commitment power. This …

the national governments. Both national governments have commitment power vis-à-vis the federal government, whereas one of … the national governments (the horizontal Stackelberg leader) also has commitment power vis-à-vis the other country (the … horizontal follower). The results show how the horizontal and vertical commitment power affect the horizontal leader’s use of …