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Sending Information to Interactive Receivers Playing a Generalized Prisoners Dilemma

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Abstract

Consider the problem of information disclosure for a planner who faces two agents interacting in a state-dependent multi-action prisoners?dilemma. We ?nd conditions under which the planner can make use of his superior information by disclosing some of it to the agents, and conditions under which such information leakage is not possible. Although the problem is entirely symmetric, the planner?s only way to reveal part of the information is based on creating asymmetries between the two agents by giving them di¤erent pieces of information. We also ? nd conditions under which such partially informative equilibria are the planner?s best equilibria.

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Bibliographic Info

Paper provided by Brown University, Department of Economics in its series Working Papers with number 2010-16.

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Date of creation: 2010
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Handle: RePEc:bro:econwp:2010-16

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Postal: Department of Economics, Brown University, Providence, RI 02912

Related research

Keywords: Information Disclosure; Generalized Prisoners Dilemma; Uninformative Equilibria; Partially or Fully Informative Equilibria;

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