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Endogenous Information Disclosure in Contests with Delegation

Author

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  • Pan Sang Kang

Abstract

We study a two-player contestwith delegation in which each player has discretion over whether or not to disclose information about her delegation contract to the rival party. By investigating each player's decision on information disclosure, we show the following: When the players' valuations of the prize are the same or not too different, one of the two players discloses information about her contract, and the other player does not. However, when their valuations of the prize are too different, only the player with a lower valuation of the prize discloses information about her contract.

Suggested Citation

  • Pan Sang Kang, 2024. "Endogenous Information Disclosure in Contests with Delegation," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 180(4), pages 577-596.
  • Handle: RePEc:mhr:jinste:urn:doi:10.1628/jite-2024-0033
    DOI: 10.1628/jite-2024-0033
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    More about this item

    Keywords

    contests; delegation; contracts; information disclosure;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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