Cheap talk about the relevance of multiple aspects

Qiang Gong and Huanxing Yang

Economics Letters, 2021, vol. 207, issue C

Abstract: In a cheap talk game the sender sends messages about the relative relevance of multiple aspects in decision making. We find that asymmetry in aspects’ qualities helps communication and the probability of project adoption is not monotonic in qualities.

Keywords: Cheap talk; Multiple aspects (search for similar items in EconPapers)
JEL-codes: D82 D83 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:207:y:2021:i:c:s0165176521002950

DOI: 10.1016/j.econlet.2021.110018

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