Kim, Yong-Gwan; Sobel, Joel - In: Econometrica 63 (1995) 5, pp. 1181-93
We add a round of pre-play communication to a finite two-player game played by a population of players. Pre-play communication is cheap talk in the sense that it does not directly enter the payoffs. The paper characterizes the set of strategies that are stable with respect to a stochastic...
