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Persistent link: https://www.econbiz.de/10010528943
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In this paper we study the effects of adding unmediated communication to static, finite games of complete and …^{U}(G) is equal to the set of communication equilibria of G. …
Persistent link: https://www.econbiz.de/10005762546
We study the effects of communication in Bayesian games when the players are sequentially rational but some … combinations of types have zero probability. Not all communication equilibria can be implemented as sequential equilibria. We … communication equilibrium (SCE) defined by Myerson (1986) in that SCE allows the possibility of trembles by the mediator. We show …
Persistent link: https://www.econbiz.de/10005762852
-binding communication among responders can help coordinate their collective resistance against a leader who transgresses against them …. Contrary to the predictions of analysis based on purely self-regarding preferences, we find that non-binding communication …, we find that the incidence of no transgression increases from 7 percent with no communication up to 25-37 percent …
Persistent link: https://www.econbiz.de/10005786821
The goal of this paper is to introduce communication in a collective choice environment with information acquisition … the panel decide whether to acquire costly information or not, preceding the communication stage. We take a mechanism … collective choice, and the communication protocol by which its members abide prior to casting their individual action choices. We …
Persistent link: https://www.econbiz.de/10005368994
We study the intergenerational accumulation of knowledge in an infinite-horizon model of communication. Each in a … equilibria do not exist. This is so both in the case of private communication in which each player only hears the message of his … immediate predecessor, and in the case of public communication, in which each player hears the message of all previous players …
Persistent link: https://www.econbiz.de/10005593160
We study the intergenerational accumulation of knowledge in an infinite-horizon model of communication. Each in a … equilibria do not exist. This is so both in the case of private communication in which each player only hears the message of his … immediate predecessor, and in the case of public communication, in which each player hears the message of all previous players …
Persistent link: https://www.econbiz.de/10005169616
The goal of this paper is to introduce communication in a collective choice environment with information acquisition … the panel decide whether to acquire costly information or not, preceding the communication stage. We take a mechanism … collective choice, and the communication protocol by which its members abide prior to casting their individual action choices. We …
Persistent link: https://www.econbiz.de/10005087382
-binding communication among responders can help coordinate their collective resistance against a leader who transgresses against them …. Contrary to the predictions of analysis based on purely self-regarding preferences, we find that non-binding communication …, we find that the incidence of no transgression increases from 7 percent with no communication up to 25-37 percent …
Persistent link: https://www.econbiz.de/10005064174