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Private disclosure - is honesty enough?

de Meza, David (1984) Private disclosure - is honesty enough? European Economic Review, 24 (3). pp. 203-207. ISSN 0014-2921

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Abstract

If disclosure is costless a truthful monopolist selling to identical rational consumers will never withhold socially valuable information. But it preferences differ between individuals and are non-hierarchical, then too little information may be revealed.

Item Type: Article
Official URL: http://www.elsevier.com/wps/find/journaldescriptio...
Additional Information: © 1984 Elsevier Science Publishers B.V.
Library of Congress subject classification: H Social Sciences > HF Commerce
Sets: Research centres and groups > Managerial Economics and Strategy Group
Departments > Management
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 13 Apr 2011 10:09
URL: http://eprints.lse.ac.uk/35522/

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