Strategic information transmission networks |
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Authors: | Andrea Galeotti Christian Ghiglino Francesco Squintani |
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Affiliation: | 1. Department of Economics, University of Essex, Wivenhoe Park, Colchester CO4 3SQ, Essex, UK;2. Department of Economics, University of Warwick, Coventry CV4 7AL, UK |
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Abstract: | We study a model of multi-player communication. Privately informed decision makers have different preferences about the actions they take, and communicate to influence each others? actions in their favor. We prove that the equilibrium capability of any player to send a truthful message to a set of players depends not only on the preference composition of those players, but also on the number of players truthfully communicating with each one of them. We establish that the equilibrium welfare depends not only on the number of truthful messages sent in equilibrium, but also on how evenly truthful messages are distributed across decision makers. |
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Keywords: | D82 D85 |
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