Public disclosure and private information acquisition: a global game approach

DOI10.1016/J.JET.2023.105670MaRDI QIDQ6111175zbMATH OpenOpenAlexFDO

Authors Zhifeng Cai, Feng Dong

Publication date 6 July 2023

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jet.2023.105670

zbMATH Keywords

dynamic complementarityglobal gamesinformation acquisitioninformation disclosurestrategic uncertainty

Mathematics Subject Classification ID

PDEs in connection with game theory, economics, social and behavioral sciences (35Q91) Applications of game theory (91A80) Financial markets (91G15)

Recommendations

• Public information and global games with strategic complements and substitutes
• Public information in Markov games
• Private provision of a discrete public good: efficient equilibria in the private-information contribution game
• Public information, private information, and the multiplicity of equilibria in coordination games.
• Value of public information in sender-receiver games
• Pure strategy equilibria in games with private and public information
• Endogenous public information and welfare in market games
• Information acquisition in global games of regime change
• The Theory of Global Games on Test: Experimental Analysis of Coordination Games with Public and Private Information
• Information disclosure game in differentiated oligopolistic industries

Cites work

• A Model of Intertemporal Asset Prices Under Asymmetric Information
• Asset bundling and information acquisition of investors with different expertise
• Communication with endogenous information acquisition
• Continuous Auctions and Insider Trading
• Coordination with flexible information acquisition
• Disclosure, competition, and learning from asset prices
• Dynamic information acquisition and time-varying uncertainty
• Endogenous information acquisition and countercyclical uncertainty
• Fragility of reputation and clustering of risk-taking
• Global Games and Equilibrium Selection
• Information acquisition and under-diversification
• Information Acquisition and Welfare
• Information Acquisition in a Noisy Rational Expectations Economy
• Information acquisition in global games of regime change
• Institutionalization, delegation, and asset prices
• On existence and uniqueness of equilibrium in a class of noisy rational expectations models
• Optimality of debt under flexible information acquisition
• Private information and sunspots in sequential asset markets
• Public and private learning from prices, strategic substitutability and complementarity, and equilibrium multiplicity
• Public information and uninformed trading: implications for market liquidity and price efficiency
• Should we regulate financial information?
• Single Crossing Properties and the Existence of Pure Strategy Equilibria in Games of Incomplete Information
• Smart Money, Noise Trading and Stock Price Behaviour
• Stress tests and information disclosure
• Uncertainty, information acquisition, and price swings in asset markets

Cited in

(5)

• Information acquisition in the era of fair disclosure: an application of asymmetric awareness
• 公众企业信息披露的 Nash 均衡
• scientific article; zbMATH DE number 5669769 (Why is no real title available?)
• The disclosure decision game: subsidies and incentives for R\&D activity
• To reveal or not to reveal? Strategic disclosure of private information in negotiation

This page was built for publication: Public disclosure and private information acquisition: a global game approach

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q6111175)