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 …

In this paper we build a formal model to study market environments where information is costly to acquire and is of use … also to potential competitors. In such situations a market for information may form, where reports - of unverifiable … quality - over the information acquired are sold. A complete characterization of the equilibria of the game is provided. We …

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 …

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 the strategic transmission of information in a setting where both cheap talk and money can be … used for communication purposes. Theoretically a large number of equilibria exist side by side, in which senders either use …

We provide a game theoretic analysis of how power shapes the clarity of communication. We analyze information … by an experiment. Finally, we show how partial information transmission can lead to communication failure, and show how … maximum amount of information that can be transmitted in equilibrium is increasing in the bargaining power of the Sender …

information transmission game. For a class of utility functions, I demonstrate that logconcavity of the density implies uniqueness …

Sellers benefit on average from revealing information about their goods to buyers, but the incentive to exaggerate … susceptible to exaggeration because they simultaneously reveal favorable information about some goods and unfavorable information …

-interested principals and choose their effort level as if they had not been given any information. However, despite substantial …