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Persistent link: https://www.econbiz.de/10014512267
seeks to improve its status quo, aiming at optimal relevance. Explicit coordination through verbal communication parallels … the idea of implicit coordination through focal points. …
Persistent link: https://www.econbiz.de/10011346272
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
' opinions into his/her own decision-making, affects the precision of communication with experts when communication is strategic … private information. We demonstrate that the precision of communication with one expert monotonously increases in sensitivity … communication with the other expert is not necessarily negative and is dependent on the heterogeneity in type distributions of all …
Persistent link: https://www.econbiz.de/10012910890
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 … preferences of the mediator regarding a cheap-talk partition formed by the sender. Finally, we illustrate our results drawing on a …
Persistent link: https://www.econbiz.de/10012822471
. Private information is (conditionally) correlated across players, and communication is cheap talk. We show that with two …
Persistent link: https://www.econbiz.de/10012987832
example, because they have to obey institutionalized communication protocols. We assume that all involved in the communication …
Persistent link: https://www.econbiz.de/10012929289
probability in the communication game, and this creates an externality (which can be either positive or negative) for the designer …. The optimal disclosure policy depends on both the communication technology and the correlation between the contestants … sufficiently high. These results are in a stark contrast with the no communication benchmark …
Persistent link: https://www.econbiz.de/10013212098
informed senders. Private information is (conditionally) correlated across players, and communication is cheap talk. For the …
Persistent link: https://www.econbiz.de/10010189326
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 …
Persistent link: https://www.econbiz.de/10011702289