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econ.TH2026
Dynamic Cheap Talk without Feedback
Atulya Jain
We study a dynamic sender-receiver game in which the sender observes a state evolving according to a Markov chain but does not observe the receiver's action. Despite the absence of…
econ.TH2026
On the Inefficiency of Social Learning
Florian Brandl, Wanying Huang, Atulya Jain
We study whether a social planner can improve the efficiency of learning, measured by the expected total welfare loss, in a sequential decision-making environment. Agents arrive in…