Krähmer, Daniel; Strausz, Roland - C.E.P.R. Discussion Papers - 2014
We study ex post information rents in sequential screening models where the agent receives private ex ante and ex post … information. The principal has to pay ex post information rents for preventing the agent to coordinate lies about his ex ante and … ex post information. When the agent's ex ante information is discrete, these rents are positive, whereas they are zero in …