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Cheap Talk with Correlated Signals
2013
Social Science Research Network
We consider a game of information transmission, with one informed decision maker gathering information from one or more informed senders. Private information is (conditionally) correlated across players, and communication is cheap talk. For the one sender case, we show that correlation unambiguously tightens the existence conditions for a truth-telling equilibrium. We then generalize the model to an arbitrary number of senders, and we find that, in this case, the effect of correlation on the
doi:10.2139/ssrn.2333576
fatcat:7ewe3fpm2zewbiujtv6ahuv5cy