Corrigendum to Crawford and Sobel (1982) "StrategicInformation Transmission

Haruki Kono and Michihiro Kandori
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Haruki Kono: Graduate School of Economics, The University of Tokyo

No CIRJE-F-1123, CIRJE F-Series from CIRJE, Faculty of Economics, University of Tokyo

Abstract: In their analysis of strategic information transmission, Vincent Crawford and Joel Sobel (1982) showed the existance of partition equilibria (Theorem 1). Although the theorem itself is correct, the proof contains some incorrect statements. We present a counter-example and provide a correct version of the proof.

Pages: 15 pages
Date: 2019-08
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Persistent link: https://EconPapers.repec.org/RePEc:tky:fseres:2019cf1123

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