We propose a model on strategic formation of communication networks with (i) link specificity: the more direct links … externality was previously ignored in the communication context, and (ii) value transferability via indirect links for … informational but not for social value from communication, while this positive externality was modeled uniformly before. Assuming …

We propose a model on strategic formation of communication networks with (i) link specificity: the more direct links … externality was previously ignored in the communication context, and (ii) value transferability via indirect links for … informational but not for social value from communication, while this positive externality was modeled uniformly before. Assuming …

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 …

how power shapes clarity of communication. We analyze information transmission in a cheap talk bargaining game between an …

) equilibrium. Fully informative myopic and farsighted equilibria essentially take a particular simple form: all communication is … and analyze equilibrium welfare. Furthermore, we extend our model to public communication and investigate the implications …