Refining Cheap - Talk Equilibria *
نویسندگان
چکیده
Several conceptual points are made concerning communication in games of asymmetric information. Equilibrium refinements of Sender-Receiver cheap-talk games that are based on the concept of a putative equilibrium, and which rely on the presence of a rich language with literal meanings, are discussed. Three nested criteria are proposed: strong announcement-proofness, announcement-proofness, and weak announcement-proofness. Journal of Economic Literature Classification Number: 026. 1: 1991 Academic Press, Inc.
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