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We consider the interaction between a Defender with private types and an Attacker. The Attacker benefits from taking an action that matches the Defender's actual type, while the Defender prefers the opposite. Before taking action, the Attacker receives a noisy signal about the Defender's type...
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We study firms' incentives to acquire private information in a setting where subsequent competition leads to firms' later signaling their private information to rivals. Due to signaling, equilibrium prices are distorted, and so while firms benefit from obtaining more precise private information,...
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We study firms' incentives to acquire private information on cost in a duopoly signaling game. Firms first choose how much to invest in information acquisition and then engage in dynamic price competition. In equilibrium firms acquire too little information from the perspective of industry...
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