literature, we find that there is a case where the receiver's prior knowledge enhances the amount of information conveyed via … receiver has imperfect private information of her own, the sender's message provides information about the true state as well … as about the reliability of the receiver's private information. This feature gives rise to the asymmetric response of the …

We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the … information is valuable, a centralized control is indeed optimal. To the contrary, when local knowledge is more important than the … the countries' authorities, openness, and transparency, consistently with the theory. …

We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the … information is valuable, a centralized control is indeed optimal. To the contrary, when local knowledge is more important than the … the countries' authorities, openness, and transparency, consistently with the theory. …

We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the … information is valuable, a centralized control is indeed optimal. To the contrary, when local knowledge is more important than the … the countries' authorities, openness, and transparency, consistently with the theory. …

information, but she can provide some justifications by sending a costly message. Indeed, it is optimal for the principal to …

Decisions-makers often rely on information supplied by interested parties. In practice, some parties have easier access … to information than other parties. In this light, we examine whether more powerful parties have a disproportionate … terms, decisions do not depend on the relative strength of interested parties. When parties have not provided information …

by public communication with the flexibility provided by private communication and transmit more information to the …We analyze the performance of various communication protocols in a generalization of the Crawford-Sobel (1982) model of … possible that informative communication with one or both receivers is impossible in private, but possible in public. When the …

information transmission is possible with unmediated communication. …This note reconsiders communication between an informed expert and an uninformed decision maker with a strategic … mediator in a discrete Crawford and Sobel (1982) setting. We show that a strategic mediator may improve communication even when …

. Communication implies that the firms meet and exchange information about past outputs and is assumed to be the only legal proof of …The paper studies the role of communication in facilitating collusion. The situation of infinitely repeated Cournot … collusive output levels or a 'downward' demand shock. The firms choose between tacit collusion and collusion with communication …

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. …