In this paper, we investigate optimal delegation mechanisms in the presence of countervailing conflicts of interest in … to the outside option and project biases. We compare three delegation mechanisms: full delegation, veto-based delegation …, and communication (no delegation). Contrary to conventional one-dimensional conflict models, our findings reveal a non …

Costly signaling is a mechanism through which the honesty of signals can be secured in equilibrium, even in … interactions where communicators have conflicting interests. This paper explores the dynamics of one such signaling game: Spence …

youngsters about social norms. We show that this signaling role provides sufficient incentives to sustain costly punishing …-based mechanisms are fragile, since punishment is a more compelling signaling device (in a sense that we make precise). …

We study the structure of the rest points of signaling games and their dynamic behavior under selection …-mutation dynamics by taking the case of three signals as our canonical example. Many rest points of the replicator dynamics of signaling … signaling game and show that all but the perturbed rest points close to strict Nash equilibria are dynamically unstable. This is …

We study an extended version of a sender-receiver signaling game-a context-signaling (CS) game that involves external … investigated CS game shows that ambiguous signaling strategies can achieve perfect information transfer and are evolutionarily … probability as non-ambiguous perfect signaling systems in multi-agent simulations under standard evolutionary dynamics. We …