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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Main Authors: | , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2021
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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 |