Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10010243692
Persistent link: https://www.econbiz.de/10001614765
Persistent link: https://www.econbiz.de/10009511279
We analyze information design games between two designers with opposite preferences and a single agent. Before the agent makes a decision, designers repeatedly disclose public information about persistent state parameters. Disclosure continues until no designer wishes to reveal further...
Persistent link: https://www.econbiz.de/10013273785
Persistent link: https://www.econbiz.de/10013263300
Persistent link: https://www.econbiz.de/10012244530
We define the distance between two information structures as the largest possible difference in value across all zero-sum games. We provide a tractable characterization of distance and use it to discuss the relation between the value of information in games versus single-agent problems, the...
Persistent link: https://www.econbiz.de/10013327123
Persistent link: https://www.econbiz.de/10001363462
This paper studies extensive form games with perfect information and simultaneous moves, henceforth called games with public information. On this class, we prove that all communication equilibrium payoffs can be obtained without mediator by cheap-talk procedures. The result encompasses repeated...
Persistent link: https://www.econbiz.de/10014190281