when they ease appreciation pressures. Central bank communication and interest rate steps considerably enhance their …

We study the intergenerational accumulation of knowledge in an infinite-horizon model of communication. Each in a … equilibria do not exist. This is so both in the case of private communication in which each player only hears the message of his … immediate predecessor, and in the case of public communication, in which each player hears the message of all previous players …

To explain why pre-play communication increases cooperation in games, one refers to a) strategic causes such as … efficient communication or reputation effects, and b) changes in the utilities due to social processes. Hitherto experimental … focus on the effects of communication processes. We clearly find social effects, but none of revealed anonymity or salient …

This paper studies the role of memory and communication in overlapping generations (OLG) games between ongoing … predecessor via cheap talk. This paper highlights the role of communication as a surrogate for memory. It has been shown elsewhere … but with costly communication, a Folk Theorem holds only when there is some altruistic link between cohorts in an …

In games with costless preplay communication, some strategies are more complex than others in the sense that they …, which is argued to be a natural solution concept for communication games, is modified to take lexicographic complexity … preferences into account, then for a class of games of common interest only communication strategies that induce payoff …

Inside an organization, communication has an important role. Communication should be oriented both towards the internal … life of the organization and towards the external activity. The communication devices of the company serve to disseminate … business environment reacts. Such a double communication system assures a permanent dialogue with the external environment, the …