Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059476 | Economics Letters | 2013 | 4 Pages |
Abstract
We consider a cheap talk model with the sender's exit option. We show that in the case of discrete action space, it can be the case that there exists an informative equilibrium if and only if the sender's bias is sufficiently small or sufficiently large. The latter case is sharply contrasting with the existing results of cheap talk.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Takashi Shimizu,