This paper analyzes strategic information transmission between a sender and a receiver with similar objectives. We provide a first-order approximation of the equilibrium behavior in the general version of the Crawford and Sobel's (1982) model with a small bias. Our analysis goes beyond the usual...

This paper provides a complete first-order characterization of equilibrium behavior in the general version of the Crawford and Sobel (1982)'s model when the conflict of interest is small. This exercise allows us to deepen our understanding of how a state-dependent bias and a non-uniform...