This paper studies the optimal disclosure of information about an agent's talent when it
consists of two components. The agent observes the first component of his talent as his …

A regulator hires an auditor to inspect a firm. Audits serve two purposes: to detect violations
and to motivate the firm to invest in compliance. Auditor and firm can collude to hide …

This paper studies the optimal disclosure of information about an agent's quality when it is a
combination of a component privately observed by the agent and another latent component …

We consider a general information design problem in which the task of producing
information is delegated to an agent who can privately choose between the procedure …

A principal designs an information structure and chooses transfers to an agent that are
contingent on the action of a receiver. The principal faces a trade-off between, on the one …