Adam Smith Business School

Professor Francesco Squintani (University of Warwick)

Strategic Disclosure in Networks
Tuesday, 16 September 2025, 16:00–17:30
Room 281, Adam Smith Business School

Abstract

I study strategic transmission of verifiable information through intermediaries, and find that equilibrium full disclosure requires that all players are biased in the same direction relative to the decision maker. By embedding this strategic disclosure game into networks, I explore the intersection of information transmission in networks and strategic communication—two major economic theory research strands. When each networked player may hold information useful for any other’s decision, I find that the unique ex-ante optimal network is a line where players are ordered by their bliss points. This is also the unique network immune to coalitional deviations.

Biography

I was born in Cremona, Italy, in April 1971, where I lived until going to University in Milan, at Universita Bocconi in September 1990. I graduated in Economics and Statistics (DES), with honors in July 1995. In August 1995, I started a PhD in Economics at Northwestern University, in Evanston, IL, that I completed in June 2000, with Eddie Dekel and Juuso Valimaki as my advisers. In June 2000, I took an Assistant Professorship at the University of Rochester, Department of Economics, with Hugo Hopenhayn and John Duggan as my mentors; this position was renewed in June 2003. In September 2003, I have been tenured with a Lectureship (Assistant Professorship) in Economics at the University College, London. In November 2006, I have become Professore Ordinario at the Universita degli Studi di Brescia, Faculty of Economics and Management, then Professor at the University of Essex, Department of Economic, in September 2007, and Professor at the University of Warwick, Department of Economics, in May 2011.

My main publications are on the American Economic Review, the American Political Science Review, the American Journal of Political Science, the Journal of Political Economy, the Review of Economic Studies, and the Journal of Economic Theory. I have presented my work in a number of international conferences and of University research seminars (including all the world top 20). I have held visiting positions at Princeton University, the University of California at Los Angeles, the London School of Economics, the London Business School, Bocconi University, the University of Illinois, the European University Institute, the Institut d'Analisi Economica - Barcelona and the EIEF - Bank of Italy.

I am the Director of the Quantitative and Analytical Political Economy Research Centre (QAPEC) at the Economics Department, University of Warwick, one of the founders of the Political Econonomy UK Research Group (PolEconUK) and of the CEPR-Warwick-Princeton-Yale Annual Conference in Political Economy. I am a Research Fellow of the Centre for Economic Policy Research (Organizational Economics Programme and Political Economy Research Group), and a Research Fellow of the Centre for Applied Research on International Markets, Money Banking and Regulation at Bocconi University.

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First published: 27 August 2025