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Center for Social Information Sciences (CSIS) Seminar

Wednesday, February 26, 2025
12:00pm to 1:00pm
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Baxter 127
From Design to Disclosure
S. Nageeb Ali, Professor of Economics, Penn State University,

Abstract: This paper studies games of voluntary disclosure in which a sender discloses evidence to a receiver who then offers an allocation and transfers. We characterize the set of equilibrium payoffs in this setting. Our main result establishes that any payoff profile that can be achieved through information design can also be supported by an equilibrium of the disclosure game. Hence, our analysis suggests an equivalence between disclosure and design in these settings. We apply our results to monopoly pricing, bargaining over policies, and insurance markets.

Written with Andreas Kleiner and Kun Zhang.

For more information, please contact Letty Diaz by phone at 626-395-1255 or by email at [email protected].