Showing 1 - 10 of 375
Can campaign communications credibly transmit information about candidates' policy intentions? To answer this question, I develop and analyze a game-theoretic model of campaign communication in a two-candidate majority rule election with multidimensional policies. Candidate and voter preferences...
Persistent link: https://www.econbiz.de/10014147381
We study a model of strategic persuasion based on the theory of cheap talk, in which a better-informed agent manipulates two decision-makers’ joint decision on alternative proposals. With the heterogeneity of two decision-makers’ value of the outside option, only the decision-maker with the...
Persistent link: https://www.econbiz.de/10010906368
We continue the work of Aumann (Ann. Statist. 4 (1976), 1236-1239), Geanakoplos and Polemarchakis (J. Econ. Theory 28 (1982), 192-200) on common knowledge and consensus, reconsidering the arguments and the findings of both Aumann (1976) and Geanakoplos and Polemarchakis (1982) and offering...
Persistent link: https://www.econbiz.de/10010840311
This paper studies repeated communication regarding a multidimensional collective decision in a large population. When preferences coincide but beliefs about the consequences of the various decisions diverge, it is shown, under some specific assumptions, that public communication causes the...
Persistent link: https://www.econbiz.de/10014151480
When groups face difficult problems, the voices of experts may be lost in the noise of others' contributions. We present results from a "naturally noisy" setting, a large first-year undergraduate class, in which the expert's voice was "lost" to such a degree that bringing forward even more...
Persistent link: https://www.econbiz.de/10012432144
Leaks are pervasive in politics. Hence, many committees that nominally operate under secrecy de facto operate under the threat that information might be passed on to outsiders. We study theoretically and experimentally how this possibility affects the behavior of committee members and the...
Persistent link: https://www.econbiz.de/10012295187
We develop a model of strategic information transmission from an outside expert with informational superiority to a group of people who make a decision by voting on a proposal. An outside expert who observes the qualities of a proposal sends a cheap talk message to decision makers with limited...
Persistent link: https://www.econbiz.de/10012953021
We develop a model of strategic information transmission from an expert with informational superiority to decision makers who vote on a proposal. We show that an expert's simple cheap talk strategy can be surprisingly effective in persuading decision makers by polarizing or unifying their...
Persistent link: https://www.econbiz.de/10012901595
This paper studies when introducing verifiable communication choices between agents in a cheap-talk benchmark setting, with social tie, is beneficial to welfare. In our model agents have two ways to communicate their private information: either through a costly verifiable information (hard) link...
Persistent link: https://www.econbiz.de/10013247925
We analyze the interaction between the incentives for free-riding and information revelation among partners in a dynamic setting. Partners contribute to the value of a common project, but have private information about the success of their own contribution efforts. The desire to maintain a...
Persistent link: https://www.econbiz.de/10013037749