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Y6 Problem 3 Consider Crawford-Sobel model of Cheap Talk from the lectures with b = 20 ' (a) What is the maximal number of messages

Y6
Problem 3 Consider Crawford-Sobel model of Cheap Talk from the lectures with b = 20 ' (a) What is the maximal number of messages that can be transmitted in equilibrium? 1/2 Microeconomics (Advanced Level), Autumn 2022 (b) Find all equilibria of the game (i.e., find all possible partitions of [0, 1] into intervals where the same message is sent). You can omit the description of the decision maker's strategy

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