EconPapers    
Economics at your fingertips  
 

Discriminatory Information Disclosure

Hao Li () and Xianwen Shi

Working Papers from University of Toronto, Department of Economics

Abstract: A seller designs a mechanism to sell a single object to a potential buyer whose private type is his incomplete information about his valuation. The seller can disclose additional information to the buyer about his valuation without observing its realization. In both discrete-type and continuous-type settings, we show that discriminatory disclosure - releasing different amounts of additional information to different buyer types - dominates full disclosure in terms of seller revenue. An implication is that the orthogonal decomposition technique, while an important tool in dynamic mechanism design, is generally invalid when information disclosure is part of the design.

Keywords: Sequential Screening; Information Disclosure; Dynamic Mechanism Design; Orthogonal Decomposition (search for similar items in EconPapers)
JEL-codes: D82 D42 C73 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-com, nep-mic and nep-reg
Date: 2017-05-29
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
https://www.economics.utoronto.ca/public/workingPapers/tecipa-583.pdf Main Text (application/pdf)

Related works:
Journal Article: Discriminatory Information Disclosure (2017) Downloads
Working Paper: Discriminatory Information Disclosure (2013) Downloads
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:tor:tecipa:tecipa-583

Access Statistics for this paper

More papers in Working Papers from University of Toronto, Department of Economics 150 St. George Street, Toronto, Ontario.
Bibliographic data for series maintained by RePEc Maintainer ().

 
Page updated 2019-09-18
Handle: RePEc:tor:tecipa:tecipa-583