Information Disclosure in auctions

What is it about?

Increasing competition is believed to improve several aspects of markets. How does more competition affect the incentives to share information about products with potential buyers? I examine this question in an environments in which products are sold through auctions.

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Why is it important?

There is an important stock of knowledge about the use of information in monopolistic market, but this stock is scarce when examining the effect of increased competition. This paper is one of the few that addresses this relation explicitly, using the auction environment as framework.