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Information Transmission in Voluntary Disclosure Games

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  • Avi Lichtig

  • Ran Weksler

Abstract

Does a better-informed sender transmit more accurate information in equilibrium? We show that, in a general class of voluntary disclosure games, unlike other strategic communication environments, the answer is positive. If the sender’s evidence is more Blackwell informative, then the receiver’s equilibrium utility increases. We apply our main result to show that an uninformed sender who chooses a test from a Blackwell-ordered set does so efficiently.

Suggested Citation

  • Avi Lichtig & Ran Weksler, 2023. "Information Transmission in Voluntary Disclosure Games," CRC TR 224 Discussion Paper Series crctr224_2023_405, University of Bonn and University of Mannheim, Germany.
    • Handle: RePEc:bon:boncrc:crctr224_2023_405
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    File URL: https://www.crctr224.de/research/discussion-papers/archive/dp405
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    Cited by:

    1. Avi Lichtig & Helene Mass, 2024. "Optimal Testing in Disclosure Games," CRC TR 224 Discussion Paper Series crctr224_2024_543, University of Bonn and University of Mannheim, Germany.
    2. Andreas Asseyer & Ran Weksler, 2024. "Certification Design With Common Values," Econometrica, Econometric Society, vol. 92(3), pages 651-686, May.

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    Keywords

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    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality

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