✦ LIBER ✦

A note on the strategic transmission of endogenous information

✍ Scribed by Xavier De Groote

Book ID: 116101047
Publisher: Elsevier Science
Year: 1990
Tongue: English
Weight: 249 KB
Volume: 34
Category: Article
ISSN: 0165-1765
DOI: 10.1016/0165-1765(90)90226-q

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## Abstract We show that the intuition underlying the supplier‐induced demand (SID) hypothesis is reflected in the cheap‐talk literature from game theory, and in the credence‐good literature from the economics of information. Applying these theories, we conclude that a neoclassical version of the S