Kim, Jaehoon; Rothenberg, Lawrence S. - In: Journal of Institutional and Theoretical Economics (JITE) 171 (2015) 2, pp. 263-284
We analyse a cheap-talk game where contrasting lobbies are asymmetrically informed. Equilibrium information transmission depends on each lobby's preference alignment with the legislator on the dimension of its expertise, and on the conflict of lobby interests. Full revelation is possible only...