Golosov, Mikhail; Skreta, Vasiliki; Tsyvinski, Aleh; … - Istituto Einaudi per l'Economia e la Finanza (EIEF) - 2011
This paper studies strategic information transmission in a dynamic environment where, each period, a privately informed expert sends a message and a decision maker takes an action. Our main result is that, in contrast to a static environment, full information revelation is possible. The gradual...