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NO. 214  报告人:Wing Suen

——Does competition promote disclosure?

编辑:系统管理员时间:2014-05-28访问次数:307

 

  目:Does competition promote disclosure?

报告人:Wing Suen  教授           (香港大学经济金融学院)

主持人:夏�君   浙江大学经济学院

时  间:2014年5月23日   星期五   15:00-17:00

地  点:浙大玉泉校区外经贸大楼418室

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Abstract: We study two classes of communication games with multiple senders.  It is fruitful to view the messages sent by competing senders as informative experiments available to the decision maker.  Because a sender may induce disagreement with the decision maker, we develop a general result that underlies our analysis: when two Bayesian individuals have mutually-known different priors over the state, each believes that a more Blackwell-informative experiment will, on expectation, bring the other's posterior closer to his own prior.
We show that senders' disclosure behavior are strategic complements when there is a cost to lying or to concealing information, but strategic substitutes when there is a cost to disclosing information.  Competition promotes disclosure in the former case, but when disclosure is costly, a receiver can be better off with fewer senders.

  

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                                                 2014-5-20