| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11224 |
| DP11224 Robustness of Full Revelation in Multisender Cheap Talk | |
| Margaret Meyer; Ines Moreno de Barreda; Julia Nafziger | |
| 发表日期 | 2016-04-11 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | This paper studies information transmission in a two-sender, multidimensional cheap talk setting where there are exogenous constraints on the (convex) feasible set of policies for the receiver and where the receiver is uncertain about both the directions and the magnitudes of the senders' bias vectors. With the supports of the biases represented by cones, we prove that whenever there exists an equilibrium which fully reveals the state (a FRE), there exists a robust FRE, i.e. one in which small deviations result in only small punishments. We provide a geometric condition, the Local Deterrence Condition, relating the cones of the biases to the frontier of the policy space, that is necessary and sufficient for the existence of a FRE. We also construct a specific policy rule for the receiver, the Min Rule, that supports a robust FRE whenever one exists. |
| 主题 | Industrial Organization |
| 关键词 | Cheap talk Information transmission Multisender Full revelation Robustness |
| URL | https://cepr.org/publications/dp11224-0 |
| 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/540042 |
| 推荐引用方式 GB/T 7714 | Margaret Meyer,Ines Moreno de Barreda,Julia Nafziger. DP11224 Robustness of Full Revelation in Multisender Cheap Talk. 2016. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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