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Mechtenberg, Lydia [Author]; Münster, Johannes [Author]

A strategic mediator who is biased into the same direction as the expert can improve information transmission

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  • Media type: E-Book; Report
  • Title: A strategic mediator who is biased into the same direction as the expert can improve information transmission
  • Contributor: Mechtenberg, Lydia [Author]; Münster, Johannes [Author]
  • imprint: Berlin: Humboldt University of Berlin, Collaborative Research Center 649 - Economic Risk, 2011
  • Language: English
  • Keywords: D82 ; Theorie ; Makler ; Kommunikation ; mediation ; C72 ; communication ; cheap talk ; Sachverständige ; Prinzipal-Agent-Theorie ; Bias ; D83 ; information
  • Origination:
  • Footnote: Diese Datenquelle enthält auch Bestandsnachweise, die nicht zu einem Volltext führen.
  • Description: This note reconsiders communication between an informed expert and an uninformed decision maker with a strategic mediator in a discrete Crawford and Sobel (1982) setting. We show that a strategic mediator may improve communication even when he is biased into the same direction as the expert. The mediator improves communication, however, only if some information transmission is possible with unmediated communication.
  • Access State: Open Access