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Strategic communication with reporting costs

机译:与报告成本的战略沟通

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摘要

A decision maker relies on information of parties affected by her decision. These parties try to influence her decision by selective disclosure of facts. As is well known from the literature, competition between the informed parties constrains their ability to manipulate information. We depart from this literature by introducing a cost to communicate. Our parties trade off their reporting cost against the effect on the decision. Some information is never revealed. In contrast to setups without communication costs, our decision maker can benefit by ex ante committing to an ex post suboptimal decision rule. Moreover, committing ex ante not to listen to one of the parties may also be beneficial for the decision maker.
机译:决策者依赖于受她决定影响的各方信息。这些缔约方试图通过选择性披露事实来影响她的决定。根据文献中众所周知,知情双方之间的竞争限制了他们操纵信息的能力。我们通过引入沟通成本来离开本文。我们的双方履行了他们的报告费用,以反对决定的影响。一些信息永远不会透露。与未经沟通成本的设置相比,我们的决策者可以通过宣告前后次优判决规则的前蚂蚁受益。此外,犯下的前蚂蚁不倾听其中一个方也可能对决策者有益。

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