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- W2033794919 abstract "I study the welfare effects of an informative public signal in two sender-receiver games: in {A}, the sender reports after the arrival of the public signal; in {B}, the sender reports before the arrival of the public signal. In both games the receiver's equilibrium payoff is not increasing in the informativeness of the public signal because the sender may transmit less information when the public signal is more informative. I also examine the optimal timing of the sender's report." @default.
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- W2033794919 date "2011-01-01" @default.
- W2033794919 modified "2023-09-27" @default.
- W2033794919 title "Value of Public Information in Sender-Receiver Games" @default.
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- W2033794919 doi "https://doi.org/10.2139/ssrn.1926438" @default.
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