Equilibrium Inferences from the Choice of Forum

Abstract

This paper studies a signalling model with two audiences. In which the relationship between the sender and one audience is reverse to that of the sender and the other audience. When the sender chooses a forum after observing his type, the receivers make inferences about the sender's type not only from the message but also from the choice of forum; this influences the equilibrium. We present two models and analyze .the equilibrium, which differ in whether the sender can commit the choice of communication or not.