Lying and Deception in Games
نویسنده
چکیده
This article proposes definitions of lying and deception in strategic settings. A critical distinction is that deception requires a model of how the audience responds to messages while lying does not. Lies need not be deceptive. Deception does not require lying. The paper identifies situations in which lying is consistent with equilibrium and when the ability to lie is welfare enhancing. Deception may be consistent with equilibrium behavior. Journal of Economic Literature Classification Numbers: D03; C90; C72.
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