EconPapers    
Economics at your fingertips  
 

When does a firm disclose product information?

Frederic Koessler and Régis Renault ()
Additional contact information
Régis Renault: THEMA - Théorie économique, modélisation et applications - UCP - Université de Cergy Pontoise - Université Paris-Seine - CNRS - Centre National de la Recherche Scientifique

Post-Print from HAL

Abstract: A firm chooses a price and the product information it discloses to a consumer whose tastes are privately known. We provide a necessary and sufficient condition on the match function for full disclosure to be the unique equilibrium outcome whatever the costs and prior beliefs about product and consumer types. It allows for products with different qualities as well as some horizontal match heterogeneity. With independently distributed product and consumer types, full disclosure is always an equilibrium and a necessary and sufficient equilibrium condition is that all firm types earn at least the full-disclosure profit.

Date: 2012-11
References: Add references at CitEc
Citations: View citations in EconPapers (25)

Published in The RAND Journal of Economics, 2012, 43 (4), pp.630-649. ⟨10.1111/1756-2171.12002⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: When does a firm disclose product information? (2012) Downloads
Working Paper: When does a firm disclose product information? (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00813051

DOI: 10.1111/1756-2171.12002

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2025-03-22
Handle: RePEc:hal:journl:hal-00813051