English, Article, Journal or magazine article edition: Intentional Vagueness Oliver Board; Andreas Blume

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Bookmark: http://trove.nla.gov.au/version/68983
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Intentional Vagueness
Author
  • Oliver Board
  • Andreas Blume
Physical Description
  • preprint
Notes
  • RePEc:pit:wpaper:381
  • This paper analyzes communication with a language that is vague in the sense that identical messages do not always result in identical interpretations. It is shown that strategic agents frequently add to this vagueness by being intentionally vague, i.e. they deliberately choose less precise messages than they have to among the ones available to them in equilibrium. Having to communicate with a vague language can be welfare enhancing because it mitigates conflict. In equilibria that satisfy a dynamic stability condition intentional vagueness increases with the degree of conflict between sender and receiver.
  • RePEc:pit:wpaper:365
Language
  • English
Contributed by
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