A sender ranks information structures knowing that a receiver processes the information before choosing an action affecting them both. The sender and receiver may differ in their utility functions and/or prior beliefs, yielding a model of dynamic inconsistency when they represent the same...

When agents make their choices simultaneously, network effects often give rise to a selection problem involving perfectly coordinated, Pareto-optimal equilibria. We characterize this selection problem, and introduce a generalized sequential choice model to address it. In this model, we show how...