English
Related papers

Related papers: Separating the Wheat from the Chaff

200 papers

An uninformed sender publicly commits to an informative experiment about an uncertain state, privately observes its outcome, and sends a cheap-talk message to a receiver. We provide an algorithm valid for arbitrary state-dependent…

Theoretical Economics · Economics 2024-05-10 Qianjun Lyu , Wing Suen

A sender communicates private information about a hidden state to a receiver who seeks to match his action to that state. The sender strives to appear informed at the receiver's expense. I characterize informative equilibria under a broad…

Theoretical Economics · Economics 2026-03-31 Allen Vong

We study a cheap-talk game where two experts first choose what information to acquire and then offer advice to a decision-maker whose actions affect the welfare of all. The experts cannot commit to reporting strategies. Yet, we show that…

Theoretical Economics · Economics 2021-04-08 Alp Atakan , Mehmet Ekmekci , Ludovic Renou

An informed Advisor and an uninformed Decision-Maker, with conflicting interests, engage in repeated cheap talk communication in always new decision problems. While the Decision-Maker's optimal payoff is attainable in some subgame-perfect…

Theoretical Economics · Economics 2025-08-04 Steven Kivinen , Christoph Kuzmics

The literature on strategic communication originated with the influential cheap talk model, which precedes the Bayesian persuasion model by three decades. This model describes an interaction between two agents: sender and receiver. The…

Computer Science and Game Theory · Computer Science 2024-09-11 Yakov Babichenko , Inbal Talgam-Cohen , Haifeng Xu , Konstantin Zabarnyi

We study multidimensional cheap talk with simple language and aligned preferences. An expert communicates with a decision-maker using a score that aggregates a multidimensional state into a one-dimensional message. Even though the expert…

Theoretical Economics · Economics 2026-02-05 Jacopo Bizzotto , Nathan Hancart

This paper studies a communication game between an uninformed decision maker and two perfectly informed senders with conflicting interests. Senders can misreport information at a cost that increases with the size of the misrepresentation.…

Theoretical Economics · Economics 2023-04-17 Federico Vaccari

This paper analyzes a cheap-talk model with multiple senders and one receiver. Each sender observes a noisy signal about an unknown state and sends a message; the receiver observes the message tally and chooses a policy. This setting shares…

Theoretical Economics · Economics 2026-05-12 Kailin Chen

We study the robustness of cheap-talk equilibria to infinitesimal private information of the receiver in a model with a binary state-space and state-independent sender-preferences. We show that the sender-optimal equilibrium is robust if…

Theoretical Economics · Economics 2023-02-02 Itai Arieli , Ronen Gradwohl , Rann Smorodinsky

The proliferation of information disseminated by public/social media has made decision-making highly challenging due to the wide availability of noisy, uncertain, or unverified information. Although the issue of uncertainty in information…

Social and Information Networks · Computer Science 2018-07-18 Jin-Hee Cho , Sibel Adalı

Language is not only used to transmit neutral information; we often seek to persuade by arguing in favor of a particular view. Persuasion raises a number of challenges for classical accounts of belief updating, as information cannot be…

Computation and Language · Computer Science 2022-09-15 Samuel A. Barnett , Thomas L. Griffiths , Robert D. Hawkins

We study a communication game between a sender and a receiver. The sender chooses one of her signals about the state of the world (i.e., anecdotes) and communicates to the receiver who takes an action affecting both players. The sender and…

Theoretical Economics · Economics 2024-07-19 Nika Haghtalab , Nicole Immorlica , Brendan Lucier , Markus Mobius , Divyarthi Mohan

This paper explores how ambiguity affects communication. We consider a cheap talk model in which the receiver evaluates the sender's message with respect to its worst-case expected payoff generated by multiplier preferences. We characterize…

Theoretical Economics · Economics 2022-09-20 Longjian Li

As AI systems are used to answer more difficult questions and potentially help create new knowledge, judging the truthfulness of their outputs becomes more difficult and more important. How can we supervise unreliable experts, which have…

Artificial Intelligence · Computer Science 2023-11-16 Julian Michael , Salsabila Mahdi , David Rein , Jackson Petty , Julien Dirani , Vishakh Padmakumar , Samuel R. Bowman

We study social learning from multiple experts whose precision is unknown and who care about reputation. The observer both learns a persistent state and ranks experts. In a binary baseline we characterize per-period equilibria: high types…

Theoretical Economics · Economics 2026-01-05 Georgy Lukyanov

We simulate behaviour of two independent reinforcement learning algorithms playing the Crawford and Sobel (1982) game of strategic information transmission. We adopt memoryless algorithms to capture learning in a static game where a large…

Theoretical Economics · Economics 2024-10-02 Daniele Condorelli , Massimiliano Furlan

In many settings, an effective way of evaluating objects of interest is to collect evaluations from dispersed individuals and to aggregate these evaluations together. Some examples are categorizing online content and evaluating student…

Computer Science and Game Theory · Computer Science 2016-06-23 Alice Gao , James R. Wright , Kevin Leyton-Brown

Despite theoretical promise, debate as a scalable oversight protocol has produced mixed empirical results: gains in some settings, and null effects in others, especially when the judge does not have information hidden from it. We study…

Computation and Language · Computer Science 2026-05-28 Ethan Elasky , Frank Nakasako , Naman Goyal

We analyze strategic communication when advice is generated by a reinforcement-learning algorithm rather than by a fully rational sender. Building on the cheap-talk framework of Crawford and Sobel (1982), an advisor adapts its messages…

Theoretical Economics · Economics 2026-02-13 Emilio Calvano , Clemens Possnig , Juha Tolvanen

How do consultants price expertise? This paper studies a problem of selling information products (expertise) to a buyer (client) who faces decision-making problem under uncertainty. The client is privately informed about the type of…

Theoretical Economics · Economics 2024-05-21 Klajdi Hoxha
‹ Prev 1 2 3 10 Next ›