Logo Logo
Hilfe
Hilfe
Switch Language to English

Szalay, Dezsö (September 2012): Strategic information transmission and stochastic orders. SFB/TR 15 Discussion Paper No. 386 [PDF, 292kB]

[thumbnail of 386.pdf]
Vorschau
Download (292kB)

Abstract

I develop new results on uniqueness and comparative statics of equilibria in the Crawford and Sobel (1982) strategic information transmission game. For a class of utility functions, I demonstrate that logconcavity of the density implies uniqueness of equilibria inducing a given number of Receiver actions. I provide comparative statics results with respect to the distribution of types for distributions that are comparable in the likelihood ratio order, implying, e.g., that advice from a better informed Sender induces the Receiver to choose actions that are more spread out.

Dokument bearbeiten Dokument bearbeiten