افشای داوطلبانه تحت رقابت ناقص: شواهد تجربی

This study investigates disclosure behavior when a firm has incentives to influence the actions of a product market rival in a Cournot quantity game. Using an experimental economics method, we find that when the firm receives private information about industry-wide cost, unfavorable (favorable) information is disclosed (withheld) and the rival adjusts production accordingly. In contrast, when the firm receives private information about firm-specific cost, disclosure behavior is not affected by the favorableness of the information and the rival’s production decision is insensitive to the firm’s disclosure choice.