-talk communication raises efficiency in bilateral contracting situations with adverse selection. We replicate their finding and check its … robustness by introducing competition between agents. We find that communication and competition act as substitutes …: communication raises efficiency in the absence of competition but lowers efficiency with competition, and competition raises …

We analyze the performance of various communication protocols in a generalization of the Crawford-Sobel (1982) model of … possible that informative communication with one or both receivers is impossible in private, but possible in public. When the … by public communication with the flexibility provided by private communication and transmit more information to the …

used for communication purposes. Theoretically a large number of equilibria exist side by side, in which senders either use …

We provide a game theoretic analysis of how power shapes the clarity of communication. We analyze information … by an experiment. Finally, we show how partial information transmission can lead to communication failure, and show how …

This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication …