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Universität zu Köln
Wirtschafts- und Sozialwissenschaftliche Fakultät

Staatswissenschaftliches Seminar - Prof. Schmitz

The Costs and Benefits of Additional Information in Agency Models with Endogenous Information Structures

Eva I. Hoppe and Patrick W. Schmitz

Economics Letters, Vol. 107 (1), 2010, 58-62.

Abstract. We study the effect of additional private information in an agency model with an endogenous information structure. If more private information becomes available to the agent, this may hurt the agent, benefit the principal, and affect the total surplus ambiguously.

The working paper version is available for download (CEPR Discussion Paper 7331).

Another working paper version is available for download at SSRN.

The paper is available for download.