Koessler, Frédéric; Skreta, Basilikē - In: Theoretical economics : TE ; an open access journal in … 14 (2019) 2, pp. 345-371
We study the informed-principal problem in a bilateral asymmetric information trading setting with interdependent values and quasi-linear utilities. The informed seller proposes a mechanism and voluntarily certifies information about the good's characteristics. When the set of certifiable...
