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We investigate strategic information transmission with communication error, or noise. Our main finding is that adding … it possible to achieve the best payoff that can be obtained by means of any communication device. As in the model without …
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We implement multi-sender cheap talk in the laboratory. While full-information transmission is not theoretically feasible in the standard one-sender-one- dimension model, in this setting with more senders and dimensions, full revelation is generically a robust equilibrium outcome. Our...
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