dorsal/arxiv
View SchemaMulti-Sender Disclosure with Costs
| Authors | Navin Kartik, Frances Xu Lee, Wing Suen |
|---|---|
| Categories | |
| ArXiv ID | 2601.10048vv1 |
| URL | https://arxiv.org/abs/2601.10048 |
| License | http://arxiv.org/licenses/nonexclusive-distrib/1.0/ |
Abstract
We study voluntary disclosure with multiple biased senders who may bear costs for disclosing or concealing their private information. Under relevant assumptions, disclosures are strategic substitutes under a disclosure cost but complements under a concealment cost. Additional senders thus impede any sender's disclosure under a disclosure cost but promote it under a concealment cost. In the former case, a decision maker can be harmed by additional senders, even when senders have opposing interests. The effects under both kinds of message costs turn on how a sender, when concealing his information, expects others' messages to systematically sway the decision maker's belief.
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"abstract": "We study voluntary disclosure with multiple biased senders who may bear costs for disclosing or concealing their private information. Under relevant assumptions, disclosures are strategic substitutes under a disclosure cost but complements under a concealment cost. Additional senders thus impede any sender\u0027s disclosure under a disclosure cost but promote it under a concealment cost. In the former case, a decision maker can be harmed by additional senders, even when senders have opposing interests. The effects under both kinds of message costs turn on how a sender, when concealing his information, expects others\u0027 messages to systematically sway the decision maker\u0027s belief.",
"arxiv_id": "2601.10048",
"authors": [
"Navin Kartik",
"Frances Xu Lee",
"Wing Suen"
],
"categories": [
"econ.TH"
],
"license": "http://arxiv.org/licenses/nonexclusive-distrib/1.0/",
"title": "Multi-Sender Disclosure with Costs",
"url": "https://arxiv.org/abs/2601.10048",
"version": "v1"
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