Information transmission in voluntary disclosure games

Avi Lichtig and Ran Weksler

Journal of Economic Theory, 2023, vol. 210, issue C

Abstract: Does a better-informed sender transmit more accurate information in equilibrium? We show that, in a general class of voluntary disclosure games, unlike other strategic communication environments, the answer is positive. If the sender's evidence is more Blackwell informative, then the receiver's equilibrium utility increases. We apply our main result to show that an uninformed sender who chooses a test from a Blackwell-ordered set does so efficiently.

Keywords: Evidence; Informativeness (search for similar items in EconPapers)
JEL-codes: D82 D83 L15 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Working Paper: Information Transmission in Voluntary Disclosure Games (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jetheo:v:210:y:2023:i:c:s0022053123000492

DOI: 10.1016/j.jet.2023.105653

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