Research Repository

Strategic information transmission networks

Galeotti, Andrea and Ghiglino, Christian and Squintani, Francesco (2013) 'Strategic information transmission networks.' Journal of Economic Theory, 148 (5). pp. 1751-1769. ISSN 0022-0531

[img]
Preview
Text
dp668.pdf

Download (691kB) | Preview

Abstract

We study a model of multi-player communication. Privately informed decision makers have different preferences about the actions they take, and communicate to influence each others' actions in their favor. We prove that the equilibrium capability of any player to send a truthful message to a set of players depends not only on the preference composition of those players, but also on the number of players truthfully communicating with each one of them. We establish that the equilibrium welfare depends not only on the number of truthful messages sent in equilibrium, but also on how evenly truthful messages are distributed across decision makers. © 2013 Elsevier Inc.

Item Type: Article
Uncontrolled Keywords: Cheap talk; Multi-agent communication; Networks; Organizations; Strategic communication
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences
Faculty of Social Sciences > Economics, Department of
SWORD Depositor: Elements
Depositing User: Elements
Date Deposited: 16 Jul 2012 14:46
Last Modified: 15 Jan 2022 00:26
URI: http://repository.essex.ac.uk/id/eprint/2974

Actions (login required)

View Item View Item