Communication and authority with a partially informed expert.
A sender-receiver game a la Crawford-Sobel is analyzed where the sender has expertise on some but not all the payoff-relevant factors. This residual uncertainty can either improve (even allow full revelation) or worsen the quality of transmitted information depending on a statistic called the effect...
| Published in: | RAND Journal of Economics (Wiley-Blackwell) Vol. 45; no. 1; pp. 176 - 198 |
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| Main Authors: | , , |
| Format: | Article |
| Published: |
Wiley-Blackwell
Spring2014
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |