, however the sender can improve communication, at a cost, by increasing the complexity or elaborateness of the message. As is … standard in the communication literature, the sender learns the state of the world then sends a message to the receiver. The … receiver observes the message and provides a best guess about the state. The incentives of the players are aligned in the sense …

identical for both sender and receiver. Additionally, the sender incurs a communication cost which is increasing in the … applied to the case where communication is costless but preferences diverge. Additionally, we model the competency of the … decreasing in the likelihood of the mistake. When the preferences between players diverge and when there are communication costs …

This paper studies how cartel stability is influenced by asymmetric information and communication about demand. Firms …

interdependent (strategic communication). Schelling's originality is to extend economic theory to social sciences. When a player can … anticipate the options and influence the decisions of others. The strategy, indirect communication plays a crucial role. To …

interdependent (strategic communication). Schelling's originality is to extend economic theory to social sciences. When a player can … anticipate the options and influence the decisions of others. The strategy, indirect communication plays a crucial role. To …

interdependent (strategic communication). Schelling's originality is to extend economic theory to social sciences. When a player can … anticipate the options and influence the decisions of others. The strategy, indirect communication plays a crucial role. To …