When to ask for an update: Timing in strategic communication

Ying Chen and Atara Oliver

Journal of Economic Theory, 2023, vol. 211, issue C

Abstract: A principal (receiver) considers whether to accept a project whose total value depends on two aspects. In each period, an agent (sender) privately learns the value of one aspect with positive probability. We compare two common reporting protocols: frequent updating, which requires the sender to report in each period, and infrequent updating, which requires him to report only at the end of the learning process. The sender is biased towards acceptance; he may conceal his signal, but cannot otherwise misrepresent.

Keywords: Multidimensional disclosure; Dynamic communication; Frequency of report; Conditional delegation (search for similar items in EconPapers)
JEL-codes: C72 D82 D83 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0022053123000728
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jetheo:v:211:y:2023:i:c:s0022053123000728

DOI: 10.1016/j.jet.2023.105676

Access Statistics for this article

Journal of Economic Theory is currently edited by A. Lizzeri and K. Shell

More articles in Journal of Economic Theory from Elsevier
Bibliographic data for series maintained by Catherine Liu ().