Decision rules revealing commonly known events
AbstractWe provide a sufficient condition under which an uninformed principal can infer any information that is common knowledge among two experts, regardless of the structure of the parties’ beliefs. The condition requires that the bias of each expert is less than the radius of the smallest ball containing the action space.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 119 (2013)
Issue (Month): 1 ()
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Web page: http://www.elsevier.com/locate/ecolet
Communication; Multidimensional cheap talk; Multi-sender cheap talk;
Find related papers by JEL classification:
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
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