We analyze a model of competition in Bayesian persuasion in which two or more senders vie for the patronage of a receiver by disclosing information about their respective proposal qualities. The model’s primitives that define the competitive environment are: the ex-ante correlation of senders’ proposal qualities; the respective ex-ante expected proposal qualities; and the number of competing se...

We characterize the revenue-maximizing information structure in second-price auction. The seller faces a trade-off: more improves efficiency of allocation but creates higher rents for bidders. disclosure policy that maximizes revenue is to fully reveal low values (where competition high) pool high low). size determined by critical quantile independent distribution and only dependent on number d...