We study communication in a static Cournot duopoly model under the assumption that the firms have unverifiable private … can communicate through a third party, communication can be informative even when it is not substantiated by any … commitment or costly actions. We exhibit a simple mechanism that ensures informative communication and interim Pareto dominates …

We study communication in a static Cournot duopoly model under the assumption that the firms have unverifiable private … can communicate through a third party, communication can be informative even when it is not substantiated by any … commitment or costly actions. We exhibit a simple mechanism that ensures informative communication and interim Pareto dominates …

This note reconsiders communication between an informed expert and an uninformed decision maker with a strategic … mediator in a discrete Crawford and Sobel (1982) setting. We show that a strategic mediator may improve communication even when … he is biased into the same direction as the expert. The mediator improves communication, however, only if some …

with cheap, pre-play communication, where players can communicate through the proposed mediator. The key idea is that after … the mediated communication the players can have a plain conversation. In particular, the mediating communication device is … the set of communication equilibria. …

This paper studies communication in a static Cournot duopoly model under the assumption that the firms have … cheap-talk equilibria. If the firms can communicate through a third party, communication can be informative even when … informative cheap talk is impossible. We exhibit a simple mediated mechanism that ensures informative communication and interim …

This note reconsiders communication between an informed expert and an uninformed decision maker with a strategic … mediator in a discrete Crawford and Sobel (1982) setting. We show that a strategic mediator may improve communication even when … he is biased into the same direction as the expert. The mediator improves communication, however, only if some …