On the limits of communication in multidimensional cheap talk: A comment

  • Levy G
  • Razin R
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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.

Author-supplied keywords

  • Cheap talk
  • Large conflicts
  • Multidimensional policy space

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Authors

  • Gilat Levy

  • Ronny Razin

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