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| Journal of Political Economy | 1 |
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| Tirole, Jean | 1 |
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Peer reviewedDewatripont, Mathias; Tirole, Jean – Journal of Political Economy, 2005
The paper develops a theory of costly communication in which the sender's and receiver's motivations and abilities endogenously determine the communication mode and the transfer of knowledge. Communication is modeled as a problem of moral hazard in teams, in which the sender and receiver select persuasion and message elaboration efforts. The model…
Descriptors: Communication Strategies, Credibility, Information Transfer, Communication Problems
