Strategic communication: screening and signaling in a freelance journalist - editor game
AbstractWe model strategic communication as a two-period game between an advisor and a decision maker, in which the advisor has private information on a policy-relevant state of the world but does not know the motives of the decision maker. If the advisor has the desire to please the decision maker and there is a positive probability that the decision maker values information, we identify different modes of communication that lead to information disclosure. We discuss our results in the context of a freelance journalist - editor game. Among the results is that if the journalist sufficiently values second period payoff, no information is transmitted in period one and the only equilibria implies information manipulation. Additionally, we show that the quality of the communication process does not depend on who manipulates the information although welfare does.
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Bibliographic InfoPaper provided by Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center in its series Working Papers with number 2008-13.
Length: 24 pages
Date of creation: Nov 2008
Date of revision:
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Strategic Communication; Conformity; Screening; Signaling; Mass Media;
Find related papers by JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-11-11 (All new papers)
- NEP-CTA-2008-11-11 (Contract Theory & Applications)
- NEP-GTH-2008-11-11 (Game Theory)
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