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A principal (receiver) considers whether to accept a project whose total value depends on two aspects. In each period, an agent (sender) privately learns the value of one aspect with positive probability. We compare two common reporting protocols: frequent updating, which requires the sender to...
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We analyze a three-player legislative bargaining game over an ideological and a distributive decision. Legislators are privately informed about their ideological intensities, i.e., the weight placed on the ideological decision relative to the weight placed on the distributive decision....
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We introduce a "nestedness" relation for a general class of sender-receiver games and compare equilibrium properties, in particular the amount of information transmitted, across games that are nested. Roughly, game B is nested in game A if the players’s optimal actions are closer in game B. We...
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