Private disclosure - is honesty enough?

de Meza, DavidORCID logo (1984) Private disclosure - is honesty enough? European Economic Review, 24 (3). pp. 203-207. ISSN 0014-2921
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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
Departments Management
DOI 10.1016/0014-2921(84)90108-9
Date Deposited 13 Apr 2011 10:09
URI https://researchonline.lse.ac.uk/id/eprint/35522

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