Strategic communication with a small conflict of interest

Francesc Dilme

Games and Economic Behavior, 2022, vol. 134, issue C, 1-19

Abstract: This paper analyzes strategic information transmission between a sender and a receiver with similar objectives. We provide a first-order approximation of the equilibrium behavior in the general version of the Crawford and Sobel's (1982) model with a small bias. Our analysis goes beyond the usual uniform-quadratic setting: we uncover how the state-dependent bias and the non-uniform state distribution influence the precision with which each state of the world is communicated. We illustrate the approach by providing novel comparative statics results in different applications.

Keywords: Strategic communication; Small bias (search for similar items in EconPapers)
JEL-codes: C72 D82 D83 (search for similar items in EconPapers)
Date: 2022
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Working Paper: Strategic Communication with a Small Conflict of Interest (2022)
Working Paper: Strategic Communication With a Small Conflict of Interest (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:134:y:2022:i:c:p:1-19

DOI: 10.1016/j.geb.2022.03.008

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