On the Limits of Communication in Multidimensional Cheap Talk: A Comment

Gilat Levy and Ronny Razin

Econometrica, 2007, vol. 75, issue 3, 885-893

Abstract: We analyze a cheap talk game, à la Crawford and Sobel, in a multidimensional state and policy space. A feature of the multidimensional state space is that communication on one dimension often reveals information on others. We show how this feature imposes bounds on communication. Copyright The Econometric Society 2007.

Date: 2007
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