Decision rules revealing commonly known events

Tymofiy Mylovanov; Andriy Zapechelnyuk

doi:10.1016/j.econlet.2013.01.002

Decision rules revealing commonly known events

Tymofiy Mylovanov^*, Andriy Zapechelnyuk

^*Corresponding author for this work

School of Economics

Research output: Contribution to journal › Article › peer-review

Abstract

We provide a sufficient condition under which an uninformed principal can infer any information that is common knowledge among two experts, regardless of the structure of the parties' beliefs. The condition requires that the bias of each expert is less than the radius of the smallest ball containing the action space.

Original language	English
Pages (from-to)	8-10
Number of pages	3
Journal	Economics Letters
Volume	119
Issue number	1
Early online date	10 Jan 2013
DOIs	https://doi.org/10.1016/j.econlet.2013.01.002
Publication status	Published - Apr 2013

Keywords

communication
multi-sender cheap talk
multidimensional cheap talk

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10.1016/j.econlet.2013.01.002

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title = "Decision rules revealing commonly known events",

abstract = "We provide a sufficient condition under which an uninformed principal can infer any information that is common knowledge among two experts, regardless of the structure of the parties' beliefs. The condition requires that the bias of each expert is less than the radius of the smallest ball containing the action space.",

keywords = "communication, multi-sender cheap talk, multidimensional cheap talk",

author = "Tymofiy Mylovanov and Andriy Zapechelnyuk",

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KW - multi-sender cheap talk

KW - multidimensional cheap talk

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JO - Economics Letters

JF - Economics Letters

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Decision rules revealing commonly known events

Abstract

Keywords

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