Competitive information disclosure in random search markets

We analyze the role of competition in information provision in random search markets. Multiple symmetric senders compete for the receiver’s investment by disclosing information about their respective project qualities, and the receiver conducts random search to learn about the qualities of the proje...

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Bibliographic Details
Main Authors: HE, Wei, LI, Jiangtao
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2021
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/2495
https://ink.library.smu.edu.sg/context/soe_research/article/3494/viewcontent/search.pdf
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Institution: Singapore Management University
Language: English