G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9927
DP9927 Ex post information rents in sequential screening
Roland Strausz; Daniel Krähmer
发表日期2014-04-06
出版年2014
语种英语
摘要We study ex post information rents in sequential screening models where the agent receives private ex ante and ex post information. The principal has to pay ex post information rents for preventing the agent to coordinate lies about his ex ante and ex post information. When the agent's ex ante information is discrete, these rents are positive, whereas they are zero in continuous models. Consequently, full disclosure of ex post information is generally suboptimal. Optimal disclosure rules trade off the benefits from adapting the allocation to better information against the effect that more information aggravates truth-telling.
主题Industrial Organization
关键词Information disclosure Information rents Sequential screening
URLhttps://cepr.org/publications/dp9927
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/538761
推荐引用方式
GB/T 7714
Roland Strausz,Daniel Krähmer. DP9927 Ex post information rents in sequential screening. 2014.
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