Showing 1 - 10 of 816,127
We here develop a model of pre-play communication that generalizes the cheap-talk approach by allowing players to have … is applied to finite and symmetric two-player games and we establish that honest communication and play of the Pareto …-enforcing. -- efficiency ; communication ; coordination ; honesty ; evolutionary stability …
Persistent link: https://www.econbiz.de/10003393210
Persistent link: https://www.econbiz.de/10011488883
Persistent link: https://www.econbiz.de/10014364051
Persistent link: https://www.econbiz.de/10014339351
Persistent link: https://www.econbiz.de/10015309266
Persistent link: https://www.econbiz.de/10011817830
Persistent link: https://www.econbiz.de/10012814927
Persistent link: https://www.econbiz.de/10012818810
Persistent link: https://www.econbiz.de/10013473608
This paper analyzes strategic information transmission between a sender and a receiver with similar objectives. We provide a first-order approximation of the equilibrium behavior in the general version of the Crawford and Sobel's (1982) model with a small bias. Our analysis goes beyond the usual...
Persistent link: https://www.econbiz.de/10013163024