Cheap talk with two senders and complementary information
Andrew McGee and
Huanxing Yang
Games and Economic Behavior, 2013, vol. 79, issue C, 181-191
Abstract:
This paper studies a cheap talk model in which two senders having partial and non-overlapping private information simultaneously communicate with an uninformed receiver. The sensitivity of the receiverʼs ideal action to one senderʼs private information depends on the other senderʼs private information. We show that the sendersʼ information transmissions exhibit strategic complementarity: more information transmitted by one sender leads to more information being transmitted by the other sender.
Keywords: Cheap talk; Multiple senders (search for similar items in EconPapers)
JEL-codes: D23 D72 D83 L23 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (26)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:79:y:2013:i:c:p:181-191
DOI: 10.1016/j.geb.2013.02.001
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