information model is considered, and it is shown that the above tradeoff leads to a continuum of subgame perfect equilibria in … simultaneously in merger waves. The model is then extended to a dynamic global game by introducing slightly noisy private information …

Expansion in mobile phone coverage has improved access to information throughout the developing world, particularly … within sub-Saharan Africa. The existing evidence suggests that information technology has improved market efficiency and … data from a farmer-level survey: we find that farmers owning mobile phones obtain more price information but do not engage …

quality information, price information, and horizontal match information. Equilibrium is unique whenever advertising is … information. For a given quality level, as a function of consumer visit costs, first quality information is disclosed, then price … information and then horizontal product information are added to the advertising mix. Some suggestive evidence is provided from …

information transmission. In the case of uniform tariff, we argue that a positive price-cap on the charge to content is optimal … (with no constrain on the consumer side). Proposing menus helps signaling useful information to consumers and therefore …

information and correlated between them. The principals benchmark their agents against each other by making the same offers in the …

Does information about rampant political corruption increase electoral participation and the support for challenger … parties? Democratic theory assumes that offering more information to voters will enhance electoral accountability. However, if … increased support for challengers and higher political participation. We provide experimental evidence that information about …