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On the Limits of Communication in Multidimensional Cheap Talk: A Comment

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  • Gilat Levy
  • Ronny Razin

Abstract

We analyze a cheap talk game, à la Crawford and Sobel, in a multidimensional state and policy space. A feature of the multidimensional state space is that communication on one dimension often reveals information on others. We show how this feature imposes bounds on communication. Copyright The Econometric Society 2007.

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  • Gilat Levy & Ronny Razin, 2007. "On the Limits of Communication in Multidimensional Cheap Talk: A Comment," Econometrica, Econometric Society, vol. 75(3), pages 885-893, May.
    • Handle: RePEc:ecm:emetrp:v:75:y:2007:i:3:p:885-893
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    File URL: http://hdl.handle.net/10.1111/j.1468-0262.2007.00771.x
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