This essay reviews the theoretical and empirical literature on quality disclosure and
certification. After comparing quality disclosure with other quality assurance mechanisms …

This paper studies how signaling the credence attributes of consumer goods distorts their
market equilibrium in developing countries. Costs of certification, sunk in order to achieve …

The purpose of this paper is two-fold. First, I attempt a taxonomy of the extant accounting
literature on disclosure: that is, a categorization of the various models of disclosure in the …

This study investigates a supplier's voluntary disclosure strategy when it can encroach on a
retailer's operations by selling directly to final consumers. The establishment of a direct sales …

We examine the incentive of a seller to allow potential buyers to acquire private information
about their tastes for the seller's product. Improved private information for buyers enables the …

We analyze the problem in which agents have non-public information and are to play an
asymmetric information game. The agents may reveal some or all of their information to …

This article analyzes incentives to acquire information about the value of things before sales
transactions, and voluntary versus required disclosure of such information. Two distinctions …

Numerous rules mandate the disclosure of sellers' information. This article analyzes two
questions regarding disclosure:(i) Why wouldn't sellers voluntarily disclose their …

Abstract The Nutrition Labeling and Education Act (NLEA) requires most food products to
include a nutrition label. Prior to the NLEA, labeling was voluntary. This study uses nutrition …

We study costs and benefits of differences of opinion between an adviser and a decision
maker. Even when they share the same underlying preferences over decisions, a difference …