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Drawing upon the Bayesian persuasion literature, I show that a mediator can provide conflicting parties strategically with information to decrease the ex-ante war probability. In a conflict between two parties with private information about military strength, the mediator generates information...
Persistent link: https://www.econbiz.de/10012862598
We study a multi-player model of sequential communication. A receiver obtains information from two sources. The first … modifies the initial information. We prove that Bayesian persuasion does not defy truthful communication in cheap talk, but … communication process between tax authorities …
Persistent link: https://www.econbiz.de/10012822471
We study the effect of noise due to exogenous information distortions in the context of Bayesianpersuasion. In particular, we ask whether more noise (a la Blackwell) is always harmful forthe information designer, i.e., the sender. We show that in general this is not the case. Weprovide a...
Persistent link: https://www.econbiz.de/10012854480
function of the information-theoretic capacity of the communication channel …
Persistent link: https://www.econbiz.de/10012106139
example, because they have to obey institutionalized communication protocols. We assume that all involved in the communication …
Persistent link: https://www.econbiz.de/10012929289
We study the robustness of cheap-talk equilibria to infinitesimal private information of the receiver in a model with a binary state-space and state-independent sender-preferences. We show that the sender-optimal equilibrium is robust if and only if this equilibrium either reveals no information...
Persistent link: https://www.econbiz.de/10014262083
informed senders. Private information is (conditionally) correlated across players, and communication is cheap talk. For the …
Persistent link: https://www.econbiz.de/10014153232
A decision-maker solicits information from two partially informed experts and then makes a choice under uncertainty. The experts can be either moderately or extremely biased relative to the decision-maker, which is their private information. I investigate the incentives of the experts to share...
Persistent link: https://www.econbiz.de/10014093182
uniqueness and we provide an example where an increase in communication costs can improve communication. As we show, this …'s payoffs in mediated communication …
Persistent link: https://www.econbiz.de/10013115983
This paper studies communication games in which the sender is possibly honest (who tells the truth) and the receiver is …
Persistent link: https://www.econbiz.de/10014059644