Asymmetric‐information allocation to avoid coordination failure

B-Tier
Journal: Journal of Economics & Management Strategy
Year: 2020
Volume: 29
Issue: 1
Pages: 173-186

Authors (2)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In the context of team production, this paper studies the optimal (deterministic and stochastic) information allocation that implements desired effort levels as the unique Bayesian equilibrium. We show that under certain conditions, it is optimal to asymmetrically inform agents even though they may be ex ante symmetric. The main intuition is that informing the agents asymmetrically can be effective in avoiding “bad” equilibria, that is, equilibria with coordination failure.

Technical Details

RePEc Handle
repec:bla:jemstr:v:29:y:2020:i:1:p:173-186
Journal Field
Industrial Organization
Author Count
2
Added to Database
2026-01-29