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Private disclosure - is honesty enough?

de Meza, David ORCID: 0000-0002-5638-8310 (1984) Private disclosure - is honesty enough? European Economic Review, 24 (3). pp. 203-207. ISSN 0014-2921

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Identification Number: 10.1016/0014-2921(84)90108-9

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.
Divisions: Management
Subjects: H Social Sciences > HF Commerce
Date Deposited: 13 Apr 2011 10:09
Last Modified: 11 Dec 2024 21:51
URI: http://eprints.lse.ac.uk/id/eprint/35522

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