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Battaglini, M. (2002), Multiple Referrals and Multidimensional Cheap Talk (view source)
Revision as of 16:35, 7 October 2011
, 16:35, 7 October 2011no edit summary
* Outcomes: <math>y=x+\theta, \theta\in R^{2}</math>. Note that here, <math>\theta</math> is akin to <math>\omega</math> in Gilligan and Krehbeilh.
* Preferences: Single peaked. Ideal point of receiver is <math>x^{R}=(0,0</math>.
*Equilibrium strategy: Perfect Bayesian Equilibrium. * Equilibrium strategies: # Experts reveal truthfully (<math>s^{i}(\theta)=\theta=(m^{i}_{1},m^{i}_{2})</math>). # R only believes <math>(m_{1}^{i},m_{2}^{i})</math>. * Ay.