The authors study (costless) information transmission from a job applicant to an employer who must decide whether to hire him and, if so, which position to give him. The author constructs equilibrium payoffs requiring at least two signaling steps, or even that no deadline be imposed on the...

A scheme of plain conversation is constructed, which is a universal mechanism for all noncooperative games with incomplete information with at least four players, in the following sense: every solution that can be achieved by means of an arbitrary communication mechanism is a correlated...