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Persistent link: https://www.econbiz.de/10001327648
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 define the set of strong sequential equilibria (SSCE) and...
Persistent link: https://www.econbiz.de/10005762852
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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 define the set of strong sequential equilibria (SSCE) and...
Persistent link: https://www.econbiz.de/10012784067