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We model a game similar to the interaction between an academic advisor and advisee. Like the classic cheap talk setup, an informed player sends information to an uninformed receiver who is to take an action which affects the payoffs of both sender and receiver. However, unlike the classic cheap...
Persistent link: https://www.econbiz.de/10005109552
We model an interaction between an informed sender and an uninformed receiver. Like the classic cheap talk setup, the informed player sends a message to an uninformed receiver who is to take an action which affects the payoffs of both players. However, unlike the classic cheap talk setup, the...
Persistent link: https://www.econbiz.de/10008543017
We model an interaction between an informed sender and an uninformed receiver. As in the classic cheap talk setup, the informed player sends a message to an uninformed receiver who is to take an action which affects the payoffs of both players. However, in our model the sender can communicate...
Persistent link: https://www.econbiz.de/10008855821
Language is an imperfect and uneven means of communicating information about a complex and nuanced world. We run an experimental investigation of a setting in which the messages available to the sender imperfectly describe the state of the world, however the sender can improve communication, at...
Persistent link: https://www.econbiz.de/10008548823
Language is an imperfect and coarse means of communicating information about a complex and nuanced world. We run an experimental investigation of a setting in which the messages available to the sender imperfectly describe the state of the world, however the sender can improve communication, at...
Persistent link: https://www.econbiz.de/10009018263
This paper analyzes a cheap talk model with heterogeneous receivers who are accountable for the correctness of their actions, showing that there exists a truth-revealing equilibrium. This sheds new light on the important role played by elections in shaping politicians' and, more surprisingly,...
Persistent link: https://www.econbiz.de/10008574616
We examine subjects’ behavior in sender-receiver games where there are gains from trade and alignment of interests in one of the two states. We elicit subjects’ beliefs, risk and other-regarding preferences. Our design also allows us to examine the behavior of subjects in both roles, to...
Persistent link: https://www.econbiz.de/10011259082
We model media manipulation in which a sender or senders manipulate information through the media to influence receivers. We show that if there is only one sender who has a conditional preference for maintaining its credibility in reporting accurate information and if the receivers face a...
Persistent link: https://www.econbiz.de/10005626818
In an information transmission situation, a sender's concern for its credibility could endow itself with an invisible power to control the receiver's decisions so that the sender can manipulate information without being detected. In this case, the sender can achieve its favored outcome without...
Persistent link: https://www.econbiz.de/10005789900
This paper applies a standard model of brinkmanship as a way of analyzing the likelihood that Iran will respond to the threat of war by capitulating on its nuclear weapons ambitions. We find that it is always possible to generate such a threat as long as Iranian payoffs are non negative....
Persistent link: https://www.econbiz.de/10008476353