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Depending on the context at hand, people's preference for receiving feedback might differ. Especially in allocation decisions that directly concern another individual, feedback from the affected person can have positive or negative value. We study such preferences in a laboratory experiment by...
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(communication equilibrium). Thus, mechanisms can be classified by the connections between the messages that the players receive and … information the number is 14–15 for correlated equilibria and 15–17 for communication equilibria. Each class is characterized by …. -- Correlated equilibrium ; Communication equilibrium ; Incomplete information ; Bayesian games ; Mechanism ; Correlation device …
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In this paper, we generalize the notion of a communication equilibrium (Forges 1986, Myerson 1986) of a game with … communication equilibria. These so-called fallible talk equilibria cannot be generated by standard communication equilibria. …
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seeks to improve its status quo, aiming at optimal relevance. Explicit coordination through verbal communication parallels …
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