The Review of Economic Studies · 1990 · 356 citations · 14 references
Social SciencesEconomicsDecision TheoryGame TheoryInformation TheoryAsymmetric InformationInformation AsymmetryInformation EconomicsInformation RevelationNash EquilibriumNoncooperative Game TheoryBargaining With Private InformationDisclosure GamesEx Ante Information RevelationInformation Revelation StrategyMechanism Design Under Private InformationPrivate Information RevelationStrategic Information Revelation
We analyze the problem in which agents have non-public information and are to play an asymmetric information game. The agents may reveal some or all of their information to other agents prior to playing this game. Revelation is via exogenously specified certifiable statements. The equilibria resulting from various revelation strategies are used to determine equilibrium revelation of information. Sufficient conditions are provided for complete revelation of all private information. A number of examples are provided illustrating when revelation will or will not occur in commonly analyzed games.
14
Signaling Games and Stable Equilibria
In‐Koo Cho, David M. Kreps · The Quarterly Journal of Economics · 1987 · 3.3K citations
Relying on the Information of Interested Parties
Paul Milgrom, John Roberts · The RAND Journal of Economics · 1986 · 1.1K citations
Information Sharing in Oligopoly
Esther Gal‐Or · Econometrica · 1985 · 700 citations