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Strategic Communication of Economic Opportunities with Externalities

Mohamed Belhaj, Frédéric Deroïan and Mathieu Faure
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Mohamed Belhaj: AMSE - Aix-Marseille Sciences Economiques - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique
Frédéric Deroïan: AMSE - Aix-Marseille Sciences Economiques - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique
Mathieu Faure: AMSE - Aix-Marseille Sciences Economiques - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique

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Abstract: A subset of economic agents in a society is aware of the existence of an economic opportunity, and compete to exploit the opportunity. We study incentives to communicate about the existence of this economic opportunity when the exploitation of the opportunity by the winner generates externalities to other agents. We characterize the equilibria of the communication game and identify conditions under which more externalities generate more communication.

Keywords: Opportunity; Strategic Communication; Externalities (search for similar items in EconPapers)
Date: 2026-02-09
Note: View the original document on HAL open archive server: https://hal.science/hal-05504606v1
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