We study a natural competitive-information-design variant for the Pandora's Box problem [31], where each box is associated with a strategic information sender who can design what …
We consider sequential search by an agent who cannot observe the quality of goods but can acquire information by buying signals from a profit-maximizing principal with limited …
PH Au, M Whitmeyer - Journal of Political Economy, 2023 - journals.uchicago.edu
We consider a model of oligopolistic competition in a market with search frictions, in which competing firms with products of unknown quality advertise how much information a …
C Lyu - Journal of Economic Theory, 2023 - Elsevier
I study optimal information provision by a search goods seller. While the seller controls a consumer's pre-search information, he cannot control post-search information because the …
W He, J Li - Games and Economic Behavior, 2023 - Elsevier
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 …
We consider a model of oligopolistic competition in a market with search frictions, in which competing firms with products of unknown quality advertise how much information a …
H Sato, R Shirakawa - Available at SSRN 4483732, 2023 - papers.ssrn.com
In many economic situations, such as job search and online shopping, agents are sequentially searching for information to choose one of a few options. Information revealed …
We study the ramifications of increased commitment power for information provision in an oligopolistic market with search frictions. Although prices are posted and, therefore, guide …
M Whitmeyer - arXiv preprint arXiv:1811.11664, 2018 - arxiv.org
Two long-lived senders play a dynamic game of competitive persuasion. Each period, each provides information to a single short-lived receiver. When the senders also set prices, we …