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,...

A decision maker offers a new product to a fixed number of adopters. The decision maker does not know the value of the product while adopters receive some private information about the value. We study how the decision maker may influence learning among adopters by manipulating the launch...

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...