Journal article
Dynamic learning and strategic communication
Abstract
This paper investigates a dynamic model of strategic communication between a principal and an expert with conflicting preferences. In each period, the uninformed principal selects an experiment which privately reveals information about an unknown state to the expert. The expert then sends a cheap talk message to the principal. We show that the principal can elicit perfect information from the expert about the state and achieve the first-best …
Authors
Ivanov M
Journal
International Journal of Game Theory, Vol. 45, No. 3, pp. 627–653
Publisher
Springer Nature
Publication Date
8 2016
DOI
10.1007/s00182-015-0474-x
ISSN
0020-7276