Organizations design their communication structures to improve decision-making while limiting wasteful influence activities. An efficient communication protocol grants complete information payoffs to all organization members, thereby overcoming asymmetric information problems at no cost. This...

Organizations design their communication structures to improve decision-making while limiting wasteful influence activities. An efficient communication protocol grants completeinformation payoffs to all organization members, thereby overcoming asymmetric information problems at no cost. This...

This paper formulates a continuous-time information transmission model in which an altruistic sender privately observes a stochastic state variable, and incurs a communication cost when she broadcasts a message. We characterize the sender's optimal announcement strategy using an ordinary...