Journal article
Communication via a strategic mediator
Abstract
This paper investigates communication between an informed expert and an uninformed principal via a strategic mediator. We demonstrate that, for any bias in the parties' preferences, there exists a strategic mediator that provides the highest expected payoff to the principal, as if the players had communicated through an optimal non-strategic mediator.
Authors
Ivanov M
Journal
Journal of Economic Theory, Vol. 145, No. 2, pp. 869–884
Publisher
Elsevier
Publication Date
3 2010
DOI
10.1016/j.jet.2009.08.001
ISSN
0022-0531