other hand the decision makers rely too much on the received information. Moreover, communication as well as payoffs … communication is less biased. In all treatments, however, the messages are more precise than theoretically predicted. …

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 …

-reducing trade skirmishes. The DSP is interpreted as an impartial arbitrator that announces its opinion about the state of the world …

-reducing trade skirmishes. The DSP is interpreted as an impartial arbitrator that announces its opinion about the state of the world …

Transnational technical standard-setting has grown in prominence in recent years. The World Trade Organization (WTO …

) 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 …

function of the information-theoretic capacity of the communication channel …