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We consider the “and” communication device that receives inputs from two players and outputs the public signal yes if both messages are yes, and outputs no otherwise. We prove that no correlation can securely be implemented using this device, even when infinitely many stages of communication...
Persistent link: https://www.econbiz.de/10009002736
This article studies situations in which agents do not initially know the effect of their decisions, but learn from experience the payoffs induced by their choices and their opponents'. We chararacterize equilibrium payoffs in terms of simple strategies in which an exploration phase is followed...
Persistent link: https://www.econbiz.de/10010707510
We consider the “and” communication device that receives inputs from two players and outputs the public signal yes if both messages are yes, and outputs no otherwise. We prove that no correlation can securely be implemented using this device, even when infinitely many stages of communication...
Persistent link: https://www.econbiz.de/10011074212
Persistent link: https://www.econbiz.de/10005408919
Persistent link: https://www.econbiz.de/10005409371
We consider the "and" communication device that receives inputs from two players and outputs the public signal yes if both messages are yes, and outputs no otherwise. We prove that no correlation can securely be implemented using this device, even when infinitely many stages of communication are...
Persistent link: https://www.econbiz.de/10005375641
Persistent link: https://www.econbiz.de/10000989711
Persistent link: https://www.econbiz.de/10001363462
Persistent link: https://www.econbiz.de/10001753139
Persistent link: https://www.econbiz.de/10001728694