Credulity, lies, and costly talk
نویسندگان
چکیده
منابع مشابه
Credulity, lies, and costly talk
This paper studies a model of strategic communication by an informed and upwardly biased sender to one or more receivers. Applications include situations in which (i) it is costly for the sender to misrepresent information, due to legal, technological, or moral constraints, or (ii) receivers may be credulous and blindly believe the sender’s recommendation. In contrast to the predictions obtaine...
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Article history: Received 13 April 2016 Available online 28 December 2016 JEL classification: D83
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We live in irrational times. Astrology and crystal healing have never been stronger. Political argument is gradually eroding, to be replaced by mudslinging and the repetition of half-baked opinion. Recently a sweet-looking old lady sitting next to me in an aircraft told me how glad she was that the experimental medication she was taking hadn’t been tested on animals. I didn’t point out that if ...
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2007
ISSN: 0022-0531
DOI: 10.1016/j.jet.2006.04.003