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Full disclosure in decentralized organizations

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  • Hagenbach, Jeanne
  • Koessler, Frédéric

Abstract

We consider a class of coordination games with asymmetric information. Agents have different ideal actions and disclose private information strategically. Complete information is the Pareto dominant information structure. We provide conditions on information certifiability for the complete information outcome to be implementable under private and public communication.

Suggested Citation

  • Hagenbach, Jeanne & Koessler, Frédéric, 2016. "Full disclosure in decentralized organizations," Economics Letters, Elsevier, vol. 139(C), pages 5-7.
  • Handle: RePEc:eee:ecolet:v:139:y:2016:i:c:p:5-7
    DOI: 10.1016/j.econlet.2015.12.002
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    4. Jeanne Hagenbach & Frédéric Koessler & Eduardo Perez‐Richet, 2014. "Certifiable Pre‐Play Communication: Full Disclosure," Econometrica, Econometric Society, vol. 82(3), pages 1093-1131, May.
    5. repec:hal:spmain:info:hdl:2441/4kpa2fek478tla1o86g6n9jb6v is not listed on IDEAS

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    More about this item

    Keywords

    Certifiability; Coordination; Information disclosure; Multi-divisional organizations;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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