Corrigendum to Crawford and Sobel (1982) “Strategic Information Transmission”
Haruki Kono, Michihiro Kandori
Econometrica · 2021 · Volume 89 · Issue 4
Abstract
In their analysis of strategic information transmission, Vincent Crawford and Joel Sobel (1982) showed the existence 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.
Enable JavaScript for citation tools and additional paper interactions.