By facilitating the flow of information in society, communications technology (CT; e.g., newspapers, radio, television …

We show that essentially every communication equilibrium of any finite Bayesian game with two players can be …

This paper explores the role of information transmission in explaining donors' choice between project aid and budget … example of a “delegation-scheme.” Conversely, project aid represents a more “centralized” type of aid. According to the theory …, when countries' local knowledge is more important than donors' information, recipient countries' discretion in the choice …

' consists of unverifiable information and the quality of communication depends on the conflict of interests between the …This paper explores the role of information transmission and misaligned interests across levels of government in … explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal …

benefits only if they aggregate their private information. Some members of the society, however, are harmed by socially … desirable policies and aim at manipulating information aggregation by misrepresenting their private information. We show that … information can be aggregated and a socially desirable policy can be implemented under a new class of democratic mechanisms …

When a principal’s monitoring information is private (non-verifiable), the agent should be concerned that the principal … could misrepresent the information to reduce the agent’s wage or collect a monetary penalty. Restoring credibility may lead … when the private information arrives in time to rescale the agent’s effort. Rescaling is more effective than pure monetary …

This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication …'s information is certifiable. The first equilibrium characterization is provided for unilateral persuasion games, and the second for … his equilibrium payoff compared to all equilibria of the unilateral persuasion game by delaying information certification …

We experimentally study optional costly communication in Stag-Hunt games. Prior research demonstrates that efficient … coordination is difficult without a communication option but obtains regularly with mandatory costless pre-play messages. We find … that even small communication costs dramatically reduce message use when communication is optional, but efficient …