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Maximal miscommunication

Author

Listed:
  • Miura, Shintaro
  • Yamashita, Takuro

Abstract

We consider a cheap-talk game à la Crawford and Sobel (1982), where the sender could be an honest type but this probability is not common knowledge. We show that there exists a Harsanyi type space with a unique equilibrium where the receiver may play any action under any state of nature.

Suggested Citation

  • Miura, Shintaro & Yamashita, Takuro, 2020. "Maximal miscommunication," Economics Letters, Elsevier, vol. 188(C).
    • Handle: RePEc:eee:ecolet:v:188:y:2020:i:c:s0165176520300124
    DOI: 10.1016/j.econlet.2020.108962
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    References listed on IDEAS

    as
    1. Navin Kartik, 2009. "Strategic Communication with Lying Costs," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(4), pages 1359-1395.
    2. Jonathan Weinstein & Muhamet Yildiz, 2007. "A Structure Theorem for Rationalizability with Application to Robust Predictions of Refinements," Econometrica, Econometric Society, vol. 75(2), pages 365-400, March.
    3. Johannes Abeler & Daniele Nosenzo & Collin Raymond, 2019. "Preferences for Truth‐Telling," Econometrica, Econometric Society, vol. 87(4), pages 1115-1153, July.
    4. Chen, Ying, 2011. "Perturbed communication games with honest senders and naive receivers," Journal of Economic Theory, Elsevier, vol. 146(2), pages 401-424, March.
    5. Crawford, Vincent P & Sobel, Joel, 1982. "Strategic Information Transmission," Econometrica, Econometric Society, vol. 50(6), pages 1431-1451, November.
    6. Kartik, Navin & Ottaviani, Marco & Squintani, Francesco, 2007. "Credulity, lies, and costly talk," Journal of Economic Theory, Elsevier, vol. 134(1), pages 93-116, May.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Makoto Shimoji, 2022. "Bayesian persuasion in unlinked games," International Journal of Game Theory, Springer;Game Theory Society, vol. 51(3), pages 451-481, November.

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    More about this item

    Keywords

    Cheap-talk games; Honest senders; Harsanyi type spaces; Maximal miscommunication;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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