Maria Goltsman

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We compare three common dispute resolution processes — negotiation, mediation, and arbitration — in the framework of Crawford and Sobel (1982). Under negotiation, the two parties engage in (possibly arbitrarily long) face-to-face cheap talk. Under mediation, the parties communicate with a neutral third party who makes a non-binding recommendation. Under(More)
a r t i c l e i n f o a b s t r a c t We analyze the performance of various communication protocols in a generalization of the Crawford–Sobel (1982) model of cheap talk that allows for multiple receivers. We find that the sender prefers communicating by private messages if the receivers' average bias is high, and by public messages if the receivers' average(More)
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