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Persistent link: https://www.econbiz.de/10011793366
Players have privacy concerns that may affect their choice of actions in strategic settings. We use a variant of signaling games to model this effect and study its relation to pooling behavior, misrepresentation of information, and inefficiency
Persistent link: https://www.econbiz.de/10012956164
We study a repeated credence goods market in which experts provide treatment to customers. We assume that the history of transactions is recorded on a biased review platform that contains information only about treatments, and not about non- treatments. We also introduce the notion of a partial...
Persistent link: https://www.econbiz.de/10014081001