We show that essentially every communication equilibrium of any finite Bayesian game with two players can be …

A large empirical literature found that the correlation between insurance purchase and ex post realization of risk is … in a negative correlation in equilibrium between insurance coverage and ex post realization of risk. We show that if the … correlation property in equilibrium, unless there is a sufficiently high loading factor. If the insurance market is monopolistic …

interdependence because information about each state affects both decisions. Senders are imperfectly informed and communication … one of the states. I show that communication depends on how the interdependence aggregates decision-specific biases. This … aggregation can lead to positive or negative informational spillovers, which affect communication incentives. Secondly, I analyse …