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•We analyze a cheap talk model where an exit option is available for the sender.•An informative equilibrium exists if the sender’s bias is sufficiently large.•A large bias makes the sender’s exit more likely.•This gives the receiver an incentive to choose an action desirable for the sender.•In turn, this gives the sender an incentive to send an accurate information.
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.