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Persistent link: https://www.econbiz.de/10008657365
We show that essentially every communication equilibrium of any finite Bayesian game with two players can be …. -- Bayesian game ; cheap talk ; communication equilibrium ; correlated equilibrium ; pre-play communication …
Persistent link: https://www.econbiz.de/10009010498
, absent prior discussions, the project is never undertaken. However, with a prior stage of communication, all ex-ante and …
Persistent link: https://www.econbiz.de/10014030120
Persistent link: https://www.econbiz.de/10002071407
The paper analyzes the role of the structure of communication - i.e. who is talking with whom - on the choice of … analysis of credibility, the subjects should communicate and play the Pareto optimal equilibrium only when communication is … disregard communication. The experimental data conform to our predictions: the agents reach the Pareto-dominant equilibrium only …
Persistent link: https://www.econbiz.de/10010418867
nodes in a communication network. However, communication through the network is noisy, which removes common knowledge about …
Persistent link: https://www.econbiz.de/10011600156
their communication links with upfront transfers. The main theorem characterizes a condition on network structures for …
Persistent link: https://www.econbiz.de/10011279698
In this paper we study the effects of adding unmediated communication to static, finite games of complete and …(G) is equal to the set of communication equilibria of G …
Persistent link: https://www.econbiz.de/10014115854
We show that essentially every communication equilibrium of any finite Bayesian game with two players can be …
Persistent link: https://www.econbiz.de/10013128960
We study cheap-talk pre-play communication in the static all-pay auctions. For the case of two bidders, all correlated … and communication equilibria are payoff equivalent to the Nash equilibrium if there is no reserve price, or if it is … robust to preplay communication between the bidders. If there are three or more symmetric bidders, or two symmetric bidders …
Persistent link: https://www.econbiz.de/10009745257