منابع مشابه
Co-ordination, Spillovers, and Cheap Talk
1 We thank seminar participants at Brown, Columbia, Tel Aviv, and Washington Universities. An associate editor and a referee provided useful comments. We also thank V. Bhaskar for valuable discussions and Steve Matthews for pointing out an error in an earlier version. Any remaining errors are our responsibility. Morris is grateful for financial support from the Alfred P. Sloan Foundation and NS...
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The copyright to this Article is held by the Econometric Society. It may be downloaded, printed and reproduced only for educational or research purposes, including use in course packs. No downloading or copying may be done for any commercial purpose without the explicit permission of the Econometric Society. For such commercial purposes contact the Office of the Econometric Society (contact inf...
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There are typically multiple equilibrium outcomes in the Crawford-Sobel (CS) model of strategic information transmission. This paper identifies a simple condition on equilibrium payoffs, called NITS, that selects among CS equilibria. Under a commonly used regularity condition, only the equilibrium with the maximal number of induced actions satisfies NITS. We discuss various justifications for N...
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We consider a model in which there is uncertainty over when a one-shot game will be played. We show how a mechanism designer can implement desirable outcomes in certain economic games by manipulating only the probability that the game is played in a given round while leaving all other aspects of the game unchanged. We also show that if there is no discounting, this uncertainty imparts a sequent...
متن کاملSelecting Cheap - Talk
The copyright to this Article is held by the Econometric Society. It may be downloaded, printed and reproduced only for educational or research purposes, including use in course packs. No downloading or copying may be done for any commercial purpose without the explicit permission of the Econometric Society. For such commercial purposes contact the Office of the Econometric Society (contact inf...
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2002
ISSN: 0022-0531
DOI: 10.1006/jeth.2001.2855