Showing 1 - 10 of 3,899
model of communication in games and investigate the importance of when communication takes place. Sending a message before … are believed whenever possible. Applying our results to Aumann's Stag Hunt game we find that communication is useless if …
Persistent link: https://www.econbiz.de/10010200432
Persistent link: https://www.econbiz.de/10012665408
whenever possible, thereby develop a theory of credible communication. Predictions confirm the longstanding intuition for …
Persistent link: https://www.econbiz.de/10011345781
In a coordination game such as the Battle of the Sexes, agents can condition their plays on external signals that can … are rare. Thus, even in a world of simple learning agents, coordination behavior can take on some surprising forms. …
Persistent link: https://www.econbiz.de/10011515836
equilibrium in symmetric (2 x 2) coordination games. Because the need to coordinate exposes players to strategic risk, we treat …
Persistent link: https://www.econbiz.de/10012838305
We run a laboratory experiment with a two-person game with unique pure Nash equilibrium which is also the solution of the iterative elimination of strictly dominated strategies. The subjects are asked to commit to a device that randomly picks one of three symmetric outcomes in this game...
Persistent link: https://www.econbiz.de/10011962034
Persistent link: https://www.econbiz.de/10003797081
Persistent link: https://www.econbiz.de/10011811981
Persistent link: https://www.econbiz.de/10014512267
The paper shows that Perfect Bayesian equilibria need not be unique in the strategic communication game of Crawford and …
Persistent link: https://www.econbiz.de/10008810295