Jehiel, P;
(2021)
Communication with forgetful liars.
Theoretical Economics
, 16
(2)
pp. 605-638.
10.3982/TE4154.
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Abstract
I consider multiround cheap talk communication environments in which, after a lie, the informed party has no memory of the content of the lie. I characterize the equilibria with forgetful liars in such settings assuming that a liar's expectation about his past lie coincides with the equilibrium distribution of lies aggregated over all possible realizations of the states. The approach is used to shed light on when the full truth is almost surely elicited, and when multiple lies can arise in equilibrium. Elaborations are proposed to shed light on why nontrivial communication protocols are used in criminal investigations.
Type: | Article |
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Title: | Communication with forgetful liars |
Open access status: | An open access version is available from UCL Discovery |
DOI: | 10.3982/TE4154 |
Publisher version: | http://doi.org/10.3982/TE4154 |
Language: | English |
Additional information: | © 2021 The Author. Licensed under the Creative Commons Attribution-NonCommercial License 4.0. Available at https://econtheory.org. https://doi.org/10.3982/TE4154 |
Keywords: | Forgetful liars, lie detection, analogy-based expectations, cheap talk |
UCL classification: | UCL UCL > Provost and Vice Provost Offices UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics |
URI: | https://discovery.ucl.ac.uk/id/eprint/10129202 |
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