2023Journal of Economic TheoryOpen access

Information transmission in voluntary disclosure games

Avi Lichtig, Ran Weksler

Open full text 6 citations

Abstract

Does a better-informed sender transmit more accurate information in equilibrium? We show that, in a general class of voluntary disclosure games, unlike other strategic communication environments, the answer is positive. If the sender's evidence is more Blackwell informative, then the receiver's equilibrium utility increases. We apply our main result to show that an uninformed sender who chooses a test from a Blackwell-ordered set does so efficiently.

About this research paper

What this paper is about

Does a better-informed sender transmit more accurate information in equilibrium? We show that, in a general class of voluntary disclosure games, unlike other strategic communication environments, the answer is positive. If the sender's evidence is more Blackwell informative, then the receiver's equilibrium utility increases. We apply our main result to show that an uninformed sender who chooses a test from a Blackwell-ordered set does so efficiently.

Why it matters

OpenAlex reports 6 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Does a better-informed sender transmit more accurate information in equilibrium? We show that, in a general class of voluntary disclosure games, unlike other strategic communication environments, the answer is positive. If the sender's evidence is more Blackwell informative, then the receiver's equilibrium utility increases. We apply our main result to show that an uninformed sender who chooses a test from a Blackwell-ordered set does so efficiently.

Key concepts: Communication source, Information transmission, Cheap talk, Class (philosophy), Set (abstract data type), Transmission (telecommunications), Mathematical economics, Signaling game

Related papers

Back to paper searchBrowse research topicsOriginal source
Information transmission in voluntary disclosure games — Research Paper | ScholarLens