Cheap talk con incertidumbre en las preferencias del experto

This paper models the strategic information transmission employed by Crawford-Sobel introducing a variant to the lead example of Dimitrakas-Sarafidis. The expert type space has two dimensions; the expert has the private information over two parameters, the state and his bias. The space of actions of...

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Détails bibliographiques
Auteur principal: Calderón Sánchez, Juan Eduardo
Format: Online
Langue:espagnol
Éditeur: El Colegio de México, A.C. 2009
Sujets:
Accès en ligne:https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/122
Institution:

Estudios Económicos

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Résumé:This paper models the strategic information transmission employed by Crawford-Sobel introducing a variant to the lead example of Dimitrakas-Sarafidis. The expert type space has two dimensions; the expert has the private information over two parameters, the state and his bias. The space of actions of the decision maker has only one dimension. We suppose that the state lies in the interval [0,1], but the expert bias lies in the interval [-1,1]. We find that the equilibriums are also in partitions, but there is not equilibrium for all positive integer, the most informative equilibrium exists for a partition of size 3.