A collective action or revolt succeeds only if sufficiently many people participate. We study how potential revolutionaries' ability to coordinate is affected by what they learn from different sources. We first examine how people learn about the likelihood of a revolution's success by talking to...

We consider the strategic timing of information releases in a dynamic disclosure model. Because investors don't know whether or when the firm is informed, the firm will not necessarily disclose immediately. We show that bad market news can trigger the immediate release of information by firms....