Competing with Equivocal Information

Eduardo Perez

Working Papers from HAL

Abstract: This paper studies strategic disclosure by multiple senders competing for prizes awarded by a single receiver. They decide whether to disclose a piece of information that is both verifiable and equivocal (it can influence the receiver both ways). The standard unraveling argument breaks down: if the commonly known probability that her information is favorable is high, a single sender never discloses. Competition restores full disclosure only if some of the senders are sufficiently unlikely to have favorable information. When the senders are uncertain about each other's strength, however, all symmetric equilibria approach full disclosure as the number of candidates increases.

Keywords: Strategic information transmission; Persuasion games; Communication; Competition; Multiple senders (search for similar items in EconPapers)
Date: 2012-07-01
Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03583828
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://sciencespo.hal.science/hal-03583828/document (application/pdf)

Related works:
Working Paper: Competing with Equivocal Information (2012)
Working Paper: Competing with Equivocal 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:wpaper:hal-03583828

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().