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Full disclosure in decentralized organizations

Author

Listed:
  • Jeanne Hagenbach

    (X-DEP-ECO - Département d'Économie de l'École Polytechnique - X - École polytechnique)

  • Frédéric Koessler

    (PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris sciences et lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PSE - Paris-Jourdan Sciences Economiques - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris sciences et lettres - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique)

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

  • Jeanne Hagenbach & Frédéric Koessler, 2016. "Full disclosure in decentralized organizations," PSE - Labex "OSE-Ouvrir la Science Economique" halshs-01313702, HAL.
    • Handle: RePEc:hal:pseose:halshs-01313702
    DOI: 10.1016/j.econlet.2015.12.002
    as

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    References listed on IDEAS

    as
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    Cited by:

    1. Jeanne Hagenbach & Frédéric Koessler & Eduardo Perez‐Richet, 2014. "Certifiable Pre‐Play Communication: Full Disclosure," Econometrica, Econometric Society, vol. 82(3), pages 1093-1131, May.
    2. repec:hal:spmain:info:hdl:2441/4kpa2fek478tla1o86g6n9jb6v is not listed on IDEAS
    3. Matthew Gentzkow & Emir Kamenica, 2017. "Disclosure of endogenous information," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 5(1), pages 47-56, April.
    4. Nana Adrian & Marc Möller, 2020. "Self‐managed work teams: An efficiency‐rationale for pay compression," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(2), pages 315-334, April.
    5. Dietrichson, Jens & Gudmundsson, Jens & Jochem, Torsten, 2022. "Why don’t we talk about it? Communication and coordination in teams," Journal of Economic Behavior & Organization, Elsevier, vol. 197(C), pages 257-278.

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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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