| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4381 |
| DP4381 Targeted Remedial Education for Underperforming Teenagers: Costs and Benefits | |
| Victor Lavy; Analia Schlosser | |
| 发表日期 | 2004-05-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | In this Paper we extend the cheap talk model of Crawford and Sobel (1982) to a multidimensional state space and policy space. We provide a characterization of equilibria. We focus on the question of feasibility of information transmission, for large degrees of conflict of interests between the sender and the receiver. We show that it is possible to construct equilibria with information transmission even for unboundedly large conflicts, but that any such equilibrium is based on knife-edge assumptions. We prove that influential equilibria are non-generic when the conflict between the sender and the receiver is large enough. Thus, adding more dimensions cannot improve upon information revelation when interests are too divergent. |
| 主题 | Industrial Organization |
| 关键词 | Cheap talk Political economy Lobbying |
| URL | https://cepr.org/publications/dp4381 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533335 |
| 推荐引用方式 GB/T 7714 | Victor Lavy,Analia Schlosser. DP4381 Targeted Remedial Education for Underperforming Teenagers: Costs and Benefits. 2004. |
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