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In the last decades, many voices from academic medicine are questioning the relationship between the pharmaceutical industry or other medical suppliers and physicians. Conflict of interest has thus become a major issue of concern in medicine and is becoming increasingly important for medical jour...
This note examines the incentives to communicate private information about product quality in markets in which sellers can voluntarily disclose this information before competing on prices. We provide sufficient conditions for the existence of two types of symmetric equilibria, one in which every ...
I examine the implications of meet-the-competition clauses (MCCs) for the strategic disclosure of product quality in a duopoly in which sellers can adopt these clauses before setting their prices. I show that MCCs generate incentives for the disclosure of product quality because these clauses fac...
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