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signaling games to model this effect and study its relation to pooling behavior, misrepresentation of information, and …
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reputations in the case of private information are much longer that those involving public information. This provides a plausible …
Persistent link: https://www.econbiz.de/10014103997
, i.e., misreporting of the precision of obtained information. In turn, this gives rise to specific predictions regarding …
Persistent link: https://www.econbiz.de/10013062525
This paper studies dynamic price competition over two periods between two firms selling differentiated durable goods to two buyers who are privately informed about their types, but have valuations of the two goods dependent on the other buyer's type. The firms' pricing strategy in period 1 must...
Persistent link: https://www.econbiz.de/10010381472
We study the effect of noise due to exogenous information distortions in the context of Bayesianpersuasion. In … particular, we ask whether more noise (a la Blackwell) is always harmful forthe information designer, i.e., the sender. We show …
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