Full Revelation of Information in Sender-Receiver Games of Persuasion
A Sender-Receiver game is a two-player communication game in which a privately informed party (Sender) sends a payoff-irrelevant message on the basis of his information to a decision maker (Receiver) who then takes a payoff-relevant action. Seidmann-Winter (1997) provides necessary and sufficient conditions on players.preferences for full revelation when the Sender can certify all his payoff-relevant information and that he is not withholding information (formally, each type is certifiable). We generalize Seidmann- Winter's results to a partial certi.ability setting. We characterize the conditions on the information that the informed party can certify and more general conditions on players' preferences, which are sufficient for the existence and uniqueness of a separating equilibrium outcome.
|Date of creation:||2006|
|Date of revision:|
|Contact details of provider:|| Postal: 33, boulevard du port - 95011 Cergy-Pontoise Cedex|
Phone: 33 1 34 25 60 63
Fax: 33 1 34 25 62 33
Web page: http://thema.u-cergy.fr
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Françoise Forges, 1990. "Equilibria with Communication in a Job Market Example," The Quarterly Journal of Economics, Oxford University Press, vol. 105(2), pages 375-398.
- H.S. Shin, 1994. "News Management and the Value of Firms," RAND Journal of Economics, The RAND Corporation, vol. 25(1), pages 58-71, Spring.
- Grossman, S J & Hart, O D, 1980.
" Disclosure Laws and Takeover Bids,"
Journal of Finance,
American Finance Association, vol. 35(2), pages 323-34, May.
- Sanford Grossman & Oliver Hart, . "Disclosure Laws and Takeover Bids," Rodney L. White Center for Financial Research Working Papers 23-79, Wharton School Rodney L. White Center for Financial Research.
- Grossman, Sanford J, 1981. "The Informational Role of Warranties and Private Disclosure about Product Quality," Journal of Law and Economics, University of Chicago Press, vol. 24(3), pages 461-83, December.
- Thomas Lanzi & Jerome Mathis, 2008.
"Consulting an Expert with Potentially Conflicting Preferences,"
Theory and Decision,
Springer, vol. 65(3), pages 185-204, November.
- T. Lanzi & J. Mathis, 2005. "Consulting an expert with potentially conflicting preferences," THEMA Working Papers 2005-07, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Daniel J. Seidmann & Eyal Winter, 1997. "Strategic Information Transmission with Verifiable Messages," Econometrica, Econometric Society, vol. 65(1), pages 163-170, January.
- Frédéric KOESSLER, 2001.
"Persuasion Games with Higher Order Uncertainty,"
Working Papers of BETA
2001-14, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Crawford, Vincent P & Sobel, Joel, 1982.
"Strategic Information Transmission,"
Econometric Society, vol. 50(6), pages 1431-51, November.
- Wolinsky, Asher, 2003. "Information transmission when the sender's preferences are uncertain," Games and Economic Behavior, Elsevier, vol. 42(2), pages 319-326, February.
- Masahiro Okuno-Fujiwara & Andrew Postlewaite & Kotaro Suzumura, 1990. "Strategic Information Revelation," Review of Economic Studies, Oxford University Press, vol. 57(1), pages 25-47.
- Michael J. Fishman & Kathleen M. Hagerty, 1990. "The Optimal Amount of Discretion to Allow in Disclosure," The Quarterly Journal of Economics, Oxford University Press, vol. 105(2), pages 427-444.
- Shin Hyun Song, 1994. "The Burden of Proof in a Game of Persuasion," Journal of Economic Theory, Elsevier, vol. 64(1), pages 253-264, October.
When requesting a correction, please mention this item's handle: RePEc:ema:worpap:2006-02. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Stefania Marcassa)
If references are entirely missing, you can add them using this form.