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Intention or request : the impact of message structures

Wang, Siyu; Flannery, Timothy - In: Games 12 (2021) 1/12, pp. 1-13

behavior. Specifically, we focus on comparing communication games with messages stating an intention versus a request. Our …This paper investigates how different message structures impact communication strategy as well as sender and receiver … contributing to the differences in games where messages lack the self-committing property. …

Persistent link: https://www.econbiz.de/10012432600

Communication, credible improvements and the core of an economy with asymmetric information

Volij, Oscar - 1997

members of a coalition. We then define a concept of the Core that takes into account these communication possibilities. The …

Persistent link: https://www.econbiz.de/10011504624

On Cheap Talk in Games

Li, Jia-wei - 2005

denoting how one player cares for the other's payoff, we can take the relations between players into account in games and … extend the use of games theory. In this study the effect of cheap talk was analyzed by using the new game model. Two examples … the results of games …

Persistent link: https://www.econbiz.de/10014066084

Can communication mitigate strategic delays in investment timing?

Mermer, Ayse; Onderstal, Sander; Sonnemans, Joep - 2022

others creating socially suboptimal outcomes. We investigate if and how communication mitigates the strategic delay in … introducing communication into this setting reduces strategic delay. We implement our model in a laboratory experiment utilizing a … 2x2 design, where we vary the availability of communication and the number of agents. We find that communication …

Persistent link: https://www.econbiz.de/10013375345

Incentives and the Core of an exchange economy: A survey

Forges, Françoise; Minelli, Enrico; Vohra, Rajiv - 2000

This paper provides a general overview of the literature on the core of an exchange economy with asymmetric information. Incentive compatibility is emphasized in studying core concepts at the ex ante and interim stage. The analysis includes issues of non-emptiness of the core as well as core...

Persistent link: https://www.econbiz.de/10010318870

Instant Efficient Pollution Abatement under Non-Linear Taxation and Asymmetric Information: The Differential Tax Revisited

Mensink, Paul - 2004

This paper analyzes incentives for polluting firms to exchange abatement cost information under the non-linear pollution tax scheme ('differential tax') introduced by Kim and Chang [J. Regul. Econom. 5, 1993, 193-197]. It shows that polluting firms have - under mild conditions - an incentive to...

Persistent link: https://www.econbiz.de/10011324997

Instant Efficient Pollution Abatement under Non-Linear Taxation and Asymmetric Information: The Differential Tax Revisited

Mensink, Paul - Fondazione ENI Enrico Mattei (FEEM) - 2004

This paper analyzes incentives for polluting firms to exchange abatement cost information under the non-linear pollution tax scheme (‘differential tax’) introduced by Kim and Chang [J. Regul. Econom. 5, 1993, 193-197]. It shows that polluting firms have - under mild conditions - an incentive...

Persistent link: https://www.econbiz.de/10005385420

Egalitarian equivalence under asymmetric information

de Clippel, Geoffroy; Pérez-Castrillo, David; … - In: Games and Economic Behavior 75 (2012) 1, pp. 413-423

We propose a definition of egalitarian equivalence that extends Pazner and Schmeidlerʼs (1978) concept to environments with incomplete information. If every feasible allocation rule can be implemented by an incentive compatible mechanism (as, for instance, in the case of non-exclusive...

Persistent link: https://www.econbiz.de/10011049793

The Core of Economies with Asymmetric Information: An Axiomatic Approach

Lee, Darin; Volij, Oscar - Oscar Volij - 1997

We propose two generalizations of the Davis-Maschler reduced game property to economies with asymmetric information and apply them in the characterization of two solution concepts. One is Wilson's (1978) Coarse Core and the other is a subsolution of it which we call the Coarse+ Core.

Persistent link: https://www.econbiz.de/10005357971

Infinite dimensional mixed economies with asymmetric information

Bhowmik, Anuj; Cao, Jiling - Volkswirtschaftliche Fakultät, … - 2011

In this paper, we study asymmetric information economies consisting of both non-negligible and negligible agents and having ordered Banach spaces as their commodity spaces. In answering a question of Herves-Beloso and Moreno-Garcia in [17], we establish a characterization of Walrasian...

Persistent link: https://www.econbiz.de/10009403445