English, Article, Journal or magazine article edition: Multidimentional Cheap Talk Ronny Razin; Gilat Levy

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Bookmark: http://trove.nla.gov.au/version/57238
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Multidimentional Cheap Talk
Author
  • Ronny Razin
  • Gilat Levy
Physical Description
  • preprint
Notes
  • In this paper, we extend the cheap talk model of Crawford and Sobel (1982) to a multidimensional state space. We provide a characterization of informative equilibria. Most importantly, we prove for a generic family of distribution functions, that no information transmission is feasible when the conflict between the sender and the receiver is too large. Thus, adding more dimensions cannot improve upon information revelation when interests are too divergent
  • Cheap Talk
  • RePEc:red:sed004:184
Language
  • English
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