Discussion Papers 2019
| CIRJE-F-1123 | "Corrigendum to Crawford and Sobel (1982) “Strategic Information Transmission”" |
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| Author Name | Kono, Haruki and Michihiro Kandori |
| Date | August 2019 |
| Full Paper | |
| Remarks | Subsequently published in Econometrica, Vol 89, Issue 4, o1-o10. (July 2021) DOI: 10.3982/ECTA17617. |
| Abstract |
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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. |