Constrained Listening, Audience Alignment, and Expert Communication
50 Pages Posted: 13 Nov 2017
Date Written: November 9, 2017
We consider a cheap talk setting with two senders and a continuum of receivers with heterogenous preferences. Receivers listen to just one sender, but can choose which sender to listen to. We determine that: (i) full communication is possible for a large set of sender preferences; (ii) both senders attract listeners only if they are oppositional and not too polarized; and (iii) senders with preferences that are closer to the average receiver preference are listened to by a greater proportion of receivers. In extensions, we endogenize the senders’ preferences and investigate the effects of an entertainment benefit derived by receivers.
Keywords: Cheap talk, communication, media bias
JEL Classification: D83, D72, C72
Suggested Citation: Suggested Citation