• Fees, Reputation and Information Production in the Credit Rating Industry 

      Bizzotto, Jacopo; Vigier, Adrien Henri (American Economic Journal: Microeconomics;, Journal article; Peer reviewed, 2021)
      We compare a credit rating agency’s incentives to acquire costly information when it is only paid for giving favorable ratings to the corresponding incentives when the agency is paid upfront, i.e. irrespective of the ...
    • Testing, Disclosure and Approval 

      Bizzotto, Jacopo; Vigier, Adrien Henri; Rudiger, Jesper (Journal of Economic Theory;Volume 187, May 2020, Journal article; Peer reviewed, 2020-02-06)
      Certifiers often base their decisions on a mixture of information, some of which is voluntarily disclosed by applicants, and some of which they acquire by way of tests or otherwise. We study the interplay between the ...