This paper shows that a monopolistic certifying party can have incentives to disclose revealing information about the … amount of information (with no informational value) about the party being certified, in order to extract all informational …

We examine some of the factors that might influence the quality of information produced in discussion groups on the … finding is that the flow of quality-weighted information within the group is maximized by a regime which front loads the cost … of good quality information, however, benefiting society at large, then the social value of the flow of quality …

In "Marketing Information: A Competitive Analysis,'' Sarvary and Parker (1997) (S&P) [Marketing Science, 16(1): 24 …-38] argue that, a reduction in the price of one information product can lead to an increase in demand for another information … product -- information products can be gross complements -- if they are sufficiently unreliable. We show that S&P obtain this …

In "Marketing Information: A Competitive Analysis,'' Sarvary and Parker (1997) (S&P) [Marketing Science, 16(1): 24 …-38] argue that in part of the parameter space that they considered, a reduction in the price of one information product can lead … to an increase in demand for another information product, i.e., information products can be gross complements. This …

of an associated finite exchange economy with extrinsic uncertainty but asymmetric information about it. …

This paper considers an infinitely repeated three-player Bayesian game with lack of information on two sides, in which … generalization of Aumann, Maschler and Stearns (1995) two-player zero-sum one-sided incomplete information model. Under a correlated … prior, the informed player faces the problem of how to optimally disclose information among two uninformed players in order …