Ambrus, Attila; Takahashi, Satoru - In: Theoretical economics : TE ; an open access journal in … 3 (2008) 1, pp. 1-27
This paper analyzes multi-sender cheap talk when the state space might be restricted, either because the policy space is restricted, or the set of rationalizable policies of the receiver is not the whole space. We provide a necessary and sufficient condition for the existence of a fully...
