An example of conflicts of interest as pandering disincentives

• المؤلفون الرئيسيون: Chiba, Saori, Leong, Kaiwen
• مؤلفون آخرون: School of Humanities and Social Sciences
• التنسيق: مقال
• اللغة: English
• منشور في: 2015
• الموضوعات: DRNTU::Humanities::General::Careers and profession
• الوصول للمادة أونلاين: https://hdl.handle.net/10356/107311; http://hdl.handle.net/10220/25383; http://dx.doi.org/10.1016/j.econlet.2015.03.028

Consider an uninformed decision maker (DM) who communicates with a partially informed agent through cheap talk. DM can choose a project to implement or the outside option of no project. Unlike the current literature, we show that if there exists multiple dimensions of conflicts of interests between...