CIRJE-F-1123 "Corrigendum to Crawford and Sobel (1982) “Strategic Information Transmission”"
Author Name

Kono, Haruki and Michihiro Kandori

Date August 2019
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Remarks

 

Abstract

In their analysis of strategic information transmission, Vincent Crawford and Joel Sobel (1982) showed the existance of partition equilibria (Theorem 1). Although the theorem itself is correct, the proof contains some incorrect statements. We present a counter-example and provide a correct version of the proof.